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Generative AI: FOMO or FUD Part 2

Recently I wrote a post addressing some of the challenges faced by companies wanting to adopt generative AI, particularly those whose legal and compliance obligations forced them to consider building in-house generative AI solutions. I observed that many companies turned to these in-house solutions because they were unable to use

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How To Use AI and Machine Learning for Better RFP Responses in Asset Management

Winning new business often hinges on the quality and efficiency of responses to Requests for Proposals (RFPs). As the industry evolves, forward-thinking firms are turning to artificial intelligence (AI) and machine learning (ML) to revolutionize their RFP processes. Today, we’ll explore how asset management companies can leverage these cutting-edge technologies

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15 Pieces of Advice for RFP Pros

1. There is No Such Thing as the Perfect Time When it comes to RFPs, waiting for an opportune moment is futile. Postponing tasks until certain conditions align ensures their perpetual delay. Adhering to the principle, “If it matters, find a way; if not, find an excuse,” is essential to

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How Asset Managers Can Write Better RFPs

The Request for Proposal (RFP) process is a critical bridge between firms and their potential clients. It’s not just a formality but a strategic document that can make or break business opportunities. Writing an effective RFP is an art that requires clarity, precision, and a deep understanding of the client’s

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