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UNIRAZAK Library Pustaka
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| Abstract : UNIRAZAK Library |
| Decision making is a very important role in achieving business objectives, for example in finance
firms. Artificial intelligence (AI) has become to be a vital tool given the huge quantity of data
needing analysis to find trends and support decision-making. This research focusing on Malaysia
financial firms current use of AI, the difficulty faced and integration AI in their operational process.
This study used quantitative methods and cross-sectional survey of 100 respondents from 5
financial firms in Malaysia. The sample comprised of different role, different department in
financial firms providing a comprehensive view of AI integration. Using the Statistical Package
for the Social Sciences for data analysis, reliability, frequency, and correlation tests were
performed. The findings show a significant positive relationship between AI adoption and
company performance. Financial firms with advanced technological infrastructure and a skilled
workforce in AI and data science showed the highest efficiency in AI integration. Also, the result
also highlighted the regulatory challenges, the need for improve employee training is key obstacles
to AI adoption. From five Malaysian financial firms were surveyed for AI integration, 94 provided
valid responses. Firms with strong technological infrastructure saw 60% reporting significant
performance improvements, while 20% from firms with weaker infrastructure saw improvement.
Respondents from stronger infrastructure firms experienced fewer challenges in AI integration.
The study concluded that although artificial intelligence has the potential to transform the financial
industry by overcoming these barriers and maximizing its benefits. Future research should explore
more in-depth qualitative methods and investigate the evolving role of AI in financial decision
making over time. |
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