Commenting on the research findings, Keith Stafford, IT Audit Partner at KPMG in Ireland, said: “Our research confirms that AI continues to have a profound effect on the way businesses operate, including their systems. , processes, controls and governance in all areas. AI will transform not only the technical aspects of financial operations, but also fundamentally reshape strategic decision-making and risk management practices. The growing adoption of AI reflects its essential role in the finance function. driving efficiency, precision and predictivity capabilities, essential to remain competitive in an ever-changing market.
The integration of AI in financial services is not just a trend but a transformative change. Our research highlights the significant progress businesses are making in adopting AI, as well as the challenges they face. It is essential that organizations invest in talent development and establish strong guidelines to harness the full potential of AI responsibly. »