Funds SA pushes for efficiencies with AI targets

Targets around the use of artificial intelligence (AI) will be baked into the performance plans of every staff member at the centralised investment manager.

- Jamie Williamson

Funds SA is rolling out an AI strategy, aimed at boosting efficiencies and productivity within the organisation, chief executive John Piteo⁰¹ told Financial Standard.

Code-named 'AI-forward', it’s being led by executive director of data and technology Emma James, who also sits on the AI working group of the South Australian government.

"The intent is very much to figure out how we can use AI throughout the business. Every business is exploring this, but we've actually implemented a strategy. It’s quite an exciting place to be in terms of the whole business collaborating, because it’s not just about technology, it’s about people as well; there is a real cultural element," he said.