2. A new era of co-operation between Research Fintechs should bring welcome efficiencies to the industry:
AI for Research became a more mature concept at Unbundling 2023 than it was a year earlier at Unbundling 2022. Even 12 months ago, concepts like “Research Discovery” were poorly understood and often buried under less meaningful terms like “AI for Research” or “Research NLP”. (For more on Research Discovery, click here).
Firms offering specific services within that “AI for Research” bracket were previously reluctant to focus their message, wanting to pin the AI/NLP label onto their marketing material. Many of those firms whose actual products and use cases were completely different from one another pretended to compete, fearing that there was only room for one “AI for Research” provider.
The reality, of course, is that AI (in all its different forms) will create broad opportunities. In 2023, people now seem to be relaxed about these. As a result, there were plenty of ideas for collaboration being discussed.
As a result, at Limeglass, we think there is cause for optimism in the Investment Research industry. If meaningful partnerships start to emerge between vendors in the research ecosystem, this should lead to simpler, more efficient outcomes for Buy Side and Sell Side alike. Imagine a world with fewer unique logins and fewer separate onboarding processes!