TEH Group’s Post

Surveys of financial industry executives in Asia-Pacific find that the risks posed by traditional AI and generative AI (GenAI) are shaping current Chief Risk Officers’ (CRO) agendas. To be successful, financial institutions must strike a balance between offensive and defensive strategies — seizing the opportunity AI presents for risk mitigation. Join us as we discuss how to prepare for the AI tsunami that’s coming. Effective strategies to mitigate risk, and opportunities financial services organizations can capitalize on. Register here : https://bit.ly/4bHtITe #AITsunami #AI #financialservices

Harsh Prasad, Senior Quantitative Researcher – AI/ML, joins us now at AI in Capital Markets Summit for a presentation on model risk management and how firms should test, validate and manage model performance for AI. #AICMSummit #AI #GenAI #modelrisk #riskmanagement #modelperformance #validation #AIregulations

Harsh Prasad, Senior Quantitative Researcher – AI/ML, joins us now at AI in Capital Markets Summit for a presentation on model risk management and how firms should test, validate and manage model performance for AI. #AICMSummit #AI #GenAI #modelrisk #riskmanagement #modelperformance #validation #AIregulations

AI is changing the game for enterprises. Humans still control that game. AI + HI on a bed of well-engineered workflow and sprinkling of pragmatism creates a recipe for rapid and dramatic transformation. ROI today, not tomorrow. #AIOperationalized.

Hear from our CEO Sanjiv Nathwani as he describes what AI Operationalized means in our Summer edition of CTFSI Insights. At CTFSI, we're setting a new course for the purposeful application of AI in financial services operations. Explore what 'AI Operationalized' means and how it can transform financial services operations by integrating AI into everyday workflows. Learn from CEO Sanjiv Nathwani about the strategic use of AI to enhance productivity, agility, and risk management. Understand why we believe this approach is essential for modern financial operations. Read the full article here. https://lnkd.in/dhrPrHF4 #SummerInsights #FinancialServices #AI #Innovation #AIOperationalized #CTFSI"

On September 24th and 25th, the National Institute of Standards and Technology convened a symposium to generate new insights about the next steps needed to unleash AI innovations that will enable trust in this technology. Three key themes emerged from the conversations at the symposium: - We must extend our approach to risk management beyond the binary relationship between developers and deployers to address and mitigate risks at each link along the entire AI value chain. - International standards for AI are coming, just not all at once. - AI defies traditional models of regulation, whether horizontal or vertical, comprehensive or targeted. #AI #Insurance #RiskManagement https://lnkd.in/eKXgXAiv

This is how generative AI is set to revolutionize the financial industry. The financial landscape is evolving, and over the next five years, generative AI (gen AI) is set to transform risk management and compliance for banks. From automating tasks to enhancing climate risk control, gen AI will be a game-changer, driving productivity and innovation. 👉 Click through our post to find our more about Gen AI and key benefits. What are your thoughts on gen AI in the financial industry? What's your experience? Let us know in the comments. 👇 #GenerativeAI #RiskManagement #Compliance #BankingInnovation #FinancialServices #AI #FutureOfBanking #bnext

Generative AI is set to reshape the financial industry, particularly in compliance. But with its power comes the need for transparency and accountability. In finance, it’s crucial that AI models are explainable and align with regulatory standards, balancing innovation with ethical governance. The next five years will be pivotal. How are you preparing for this shift? What strategies are you using to integrate AI responsibly?

Consumer companies should approach using #AI and #GenAI by thinking about three pillars: protecting the enterprise, educating the enterprise and expanding the enterprise. My colleagues, Milene Carvalho and Cordry Johns discuss how organizations can manage #risk while embracing these innovative new technologies.

Harsh Prasad, Senior Quantitative Researcher – AI/ML, joins us now at AI in Capital Markets Summit for a presentation on model risk management and how firms should test, validate and manage model performance for AI. #AICMSummit #AI #GenAI #modelrisk #riskmanagement #modelperformance #validation #AIregulations