More than three-quarters (79 per cent) of executives said they expect contingent and freelance workers to substantially replace full-time employees in the coming years, according to Mercer’s latest survey on global talent trends. While predictions vary by industry, the survey found the financial services industry is expected to have a workforce that’s 80 per cent freelance in […]
The Caisse de dépôt et placement du Québec has created a fund worth $250 million dedicated to artificial intelligence and Quebec businesses with a proven track record in AI. The fund’s aim is to increase growth in businesses offering products based on AI and to accelerate the commercialization of these solutions. “Since Montreal is emerging as a […]
Green Shield Canada is partnering with HBM+’s health benefits management solutions provider division to introduce an artificial intelligence-based fraud detection strategy. Under the new Claim Watch banner, the new platform finds and compiles data, identifying patterns to unearth suspicious activity. “We’re very proud of what GSC and HBM+ do in the fraud detection and prevention […]
Three-quarters (77 per cent) of Canadian executives predict significant disruption in human resources in the next three years, according to Mercer’s 2019 global talent trends study. The study, which polled more than 7,300 senior business executives, HR leaders and employees from 16 countries, found this is higher than expectations from the U.S. (65 per cent) […]
The Caisse de dépôt et placement du Québec, alongside equity firm Georgian Partners, is investing $45 million in Montreal-based technology startup TrackTik Software Inc. TrackTik, which provides cloud-based management software to security service companies, will use the financing to develop new products in artificial intelligence and machine learning technologies, with the aim of simplifying operations and maximizing profitability for […]
Seventeen years after Steven Spielberg’s A.I. Artificial Intelligence, the concept of AI has evolved from a figment of our imagination to a topic that is heavily discussed with its current and increased use in the financial services industry. While much of the initial hype around AI focused on flashy robotics, many of the advances made […]
About two-thirds of human resources executives believe the industry has undergone, or is undergoing, digital transformation, according to a report by KPMG. The report, which surveyed more than 1,200 senior HR executives from 64 countries across 31 industries, found 40 per cent of respondents have a digital work plan in place. In fact, 70 per cent said they […]
The Caisse de dépôt et placement du Québec is entering into a strategic partnership with Mila, the province’s artificial intelligence institute, to support and accelerate the development of AI in Quebec. Mila will set up the new Axe IA in the O Mile-Ex complex in Montreal. The projects chosen to be housed there will have to demonstrate their potential for […]
Artificial intelligence is capable of improving the operations of asset managers and owners in many ways, according to a new whitepaper by Northern Trust Corp. Both back and middle office operations can use data strategies to boost productivity, drive revenue, improve security and manage risk, stated the paper. One key was is analyzing data, with companies using […]
Canada Pension Plan Investment Board is “embracing disruption” and looking to cash in on emerging shifts in the global economy, such as a move towards autonomous cars and a growing, aging population. The board benefits from a long-term investment and can look beyond any market cycle and invest based on large structural changes that will “fundamentally […]