B Evidence Grade B Graded accuracy verified by the review judge Safe to Cite Aging

10%

10% -- planned ai adoption rate for UK financial firms (2024)

2024  · n=118  · Bank of England and FCA

10% of financial firms surveyed by the Bank of England and FCA in 2024 planned to adopt AI within three years.

  • Refers to firms planning to adopt AI within three years of the 2024 survey
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Attribution: Bank of England and FCA View source
Lighthouse Research Team
Last verified:  ·  How we verify data →
Source verified Evidence graded
Value
10%
Unit
Percentage
Data Vintage
2024
Entity
UK financial firms
Sample Size
118
Geography
UK
B
Strong, reliable evidence

Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.

61/100 confidence

Single source - not yet corroborated

Extraction
75
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Bank of England and FCA Primary Tier B
https://relinns.com/blogs/ai-in-risk-management ↗
Confidence: 53/100 Vintage: 2024 Channel: Deep Crawl
Source Article
The Role of AI Risk Management in Modern Finance
The Role of AI Risk Management in Modern Finance Date Aug 10, 26 Reading Time 13 Minutes Category Generative AI AI risk management in finance uses machine learning, predictive models, and generative AI to identify, assess, monitor, and respond to financial risk. It also covers the controls financial…
Original Research
Bank of England and FCA · Original study ↗

Bank of England and FCA survey of 118 financial firms

Methodology documented
IndustryFinTech RegionUK Channelcontent
Plain Text
UK financial firms: 10% planned ai adoption rate. Source: Bank of England and FCA (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/ai-adoption-planned-uk-financial-firms-2024
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<blockquote cite="https://lighthousedata.io/data/ai-adoption-planned-uk-financial-firms-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>10%</strong> -- planned ai adoption rate for UK financial firms<br><small>Source: Bank of England and FCA (2024) · <a href="https://lighthousedata.io/data/ai-adoption-planned-uk-financial-firms-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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