WHITEPAPER
In "AI for the IT Finance Practice", Nan Braun and Dr. Alexander Becker highlight AI's transformative potential in IT Financial Management, emphasizing the roles of Large Language Models (LLMs) and Large Quantitative Models (LQMs). LLMs are already enhancing automation and decision-making, while LQMs promise advanced simulations, forecasts, and cost optimization, providing depth and repeatability in financial modeling.
Success requires a mindset shift in finance professionals towards agility and probabilistic reasoning. Strategic AI integration prioritizes value-driven analytics, with early investments in process design and governance aiding responsible adoption.
