Agentic AI and what it means for Jersey’s finance and legal sector: insights from Clairo Converge 2025
Artificial Intelligence (AI) is reshaping industries. At Clairo Converge 2025, our Head of Innovation, Andrew Evans, joined thought leaders to explore how AI, and particularly agentic AI, will improve work in finance and law through collaboration between humans and technology.
Agentic AI represents a significant opportunity for Jersey’s finance and legal sectors. Andrew’s view is that by embracing innovation responsibly, firms can enhance efficiency, strengthen compliance, and maintain trust.
Why this matters
Andrew shared trends that highlight how the workforce will evolve. The World Economic Forum predicts a net gain of 78 million jobs by 2030, and Jersey’s Fiscal Policy Panel forecasts a modest growth over the next few years, highlighting that innovation and adaptability will be essential for maintaining competitiveness and unlocking new opportunities.
What is agentic AI?
Agentic AI goes beyond traditional automation. Unlike Large Language Models (LLMs), which focus on language tasks, these systems plan, reason, and act autonomously. Andrew encouraged attendees to think of them as digital colleagues, not just tools. They can orchestrate complex workflows, adapt to changing conditions, and deliver outcomes with minimal human intervention.
How will it change every day work?
Andrew described how agentic AI can enhance repetitive tasks. For finance teams, this could mean autonomous agents managing anti-money laundering monitoring, onboarding of new customers, real-time regulatory updates and more. Legal teams may see contract drafting, clause comparison, and compliance checks streamlined. In Jersey, firms could use agentic AI to manage compliance, flag risks, and improve audit readiness, which would reduce manual overhead and improve efficiency.
Accountability and trust
Andrew discussed how Jersey has an opportunity to lead by embedding integrity into AI adoption (including supporting processes), while emphasising that AI does not absolve responsibility, as firms remain accountable for decisions, even when AI assists.
Transparency is essential. As such, the outputs of an AI solution, especially if deployed in critical functions, should be sufficiently explainable, otherwise they may create risks which would be hard to appropriately mitigate. Regulation will evolve, but Andrew believes proactive governance will help Jersey lead in ethical adoption.
Skills and roles of the future
Andrew discussed how professionals can equip themselves with future-proof skills. AI won’t replace lawyers, accountants, finance professionals or coders, but professionals who use AI purposefully are likely to have an advantage. Andrew expects roles to shift toward strategy and oversight, with new positions such as legal technologists and AI ethicists emerging. Skills like data literacy and cross-functional fluency will become increasingly important.
Building client trust
Andrew emphasised that trust is built on transparency. Disclosing AI use, maintaining human oversight, and adopting ethical frameworks will enable Jersey firms to leverage the island’s reputation for integrity, positioning local AI adoption as secure and client focussed.
