Infosys: Capitalizing on Growth with a Unified Al Strategy in Financial Services

A new study by Infosys and HFS Research reveals that while two-thirds of banking and financial services (BFS) enterprises have updated their Al strategy, only 12% have a global, enterprise-wide Al strategy. The majority of BFS firms lack a comprehensive, enterprise-wide Al strategy, which is critical to ensure Al investments directly contribute to revenue growth, cost optimization, and enhanced stakeholder value. BFS firm’s Al budgets are expected to increase 25% in 2025, commanding 16% of total tech budgets. However, the top three challenges to Al success are data quality and access, security and privacy, and talent. Infosys is helping clients solve this issue by developing enterprise-wide Al governance frameworks.