Practical AI Use Cases for Pension Funds

This document is a guide that outlines practical applications of artificial intelligence (AI) for pension funds. It emphasizes the strategic importance of AI as pension funds face increasing data volumes and operational complexities. The guide highlights three specific AI use cases being assessed by leading pension funds: Transaction Cost Analysis (TCA), Intelligent Document Processing (IDP), and Consolidated Holdings Intelligence for Total-Fund Management. Each use case is detailed with its objectives, AI-enabled capabilities, and potential benefits. The guide also addresses challenges and considerations for the responsible deployment of AI tools, including data management, security, and user adoption. It concludes with recommendations for pension funds to establish clear guardrails on data governance and prioritize proven use cases to realize AI's full potential while maintaining trust and control.