Zeta’s Post

According McKinsey "A financial institution can draw insights from the details explored in this article, decide how much to centralize the various components of its gen AI operating model, and tailor its approach to its own structure and culture. An organization, for instance, could use a centralized approach for risk, technology architecture, and partnership choices, while going with a more federated design for strategic decision making and execution." 👆 Over time a 100% centralized model can lead to missed business opportunities. And delay value realization. I believe in a "centre of excellence" approach and as described above a more federated approach, where the organization obviously can benefit from centralization, like risk and compliance, architecture, platform, partners, and the most important: prioritization. ♣️ Prioritizing use-cases and how to execute them. 🔧 Leverage the right tool for the job. Using out-of-the-box Copilots like in M365, Use low-code where possible with Copilot Studio and let business units learn how to develop use-cases and prioritize your developers for the more advanced innovate use cases. This way the organization can scale in a controlled way, with focus on AI value realization. 🤜 🤛 #GenAI #AIStrategy #FinancialServices #AzureAI #CopilotStudio

To better understand AI's impact, we identified three ways that #AI and #GenAI are transforming the banking industry: 📉Lowering operating expenses by boosting productivity 💡Mitigating risks by assessing creditworthiness and detecting fraudulent transactions 🎧Optimizing complaint management through automation and streamlined processes It’s a complex undertaking, but the vast potential to create value in banking is worth exploring. Read more in our latest article below

Scaling AI effectively in banking. A recent report from #McKinsey sheds light on the implementation of generative AI in banking and the significance of selecting the right operating model to maximize its potential. According to the report, a centrally led generative AI operating model is currently the most effective. This approach allows better talent allocation and risk management, helping with talent scarcity, staying updated with AI advancements, and making critical decisions. As AI matures, a shift towards a more federated approach is expected, but centralization remains key for now. #generativeAI #operatingmodel #banking #financialservices #microsoft Tina Rellsve Oscar Simonsen Fredrik Arnesen Petter Vigsnæs Michaelsen Yashoda Singh Tim Ervik Sindre Ravn Spurkeland

Building strong relationships with clients is key for commercial banks, but the onboarding process can often pose a significant challenge. The answer lies in Artificial Intelligence (AI)!   With AI, commercial banks can streamline client onboarding while ensuring the highest standards of security.   Check out our latest blog to discover how AI is transforming client onboarding in commercial banking, boosting operational efficiency, and improving regulatory compliance.   Read on: https://lnkd.in/dzzWx_3p   #clientonboarding #commercialbanks #AIinbanking #finance #ai

the new way of asking: How can we AI this? From experts in banking AI #AI #Fintech #Risk_Mgmt #Governance #Banking https://lnkd.in/dQuRcQn3

📰 Check out a recent article by Sergii Pospielov, Head of the Exadel AI Practice, in which he uses a practical KYC case to explain how to introduce GenAI into your existing banking systems. Read more: https://lnkd.in/dJcz5xfe #GenAI #AI #KYC #FinancialServices

Generative AI is going to make banking conversational, truly personalized, and always on. OCBC's Head of Group Data Office, Donald MacDonald, discusses his vision of a more personalized AI-powered banking experience, and the importance of responsible AI in this interview with Oliver Wyman's Asia Pacific AI lead, Na Zhou. Watch the full episode here > https://owy.mn/4fF1TNm #GenerativeAI #AI #Banking

Are you hearing the buzz about #AI and wondering how it applies to your financial institution? Learn about how you can do more with your data and leverage AI for true efficiency. Join us for an exclusive webinar, "Intelligence Everywhere: A New Era of Efficiency in Banking." Use code NCINO807 here: https://lnkd.in/e63ZdwsJ

Explore the benefits and risks of utilizing #AI and big data in #banking with expert Carl Pry in tomorrow's live webinar >> https://bit.ly/4dezBYu

AI is transforming financial services, from chatbots to customer verification systems. 🤖🏦 With the EU AI Act set to roll out, banks and FinTechs must adapt to new regulations. What does this mean for businesses leveraging AI in areas like KYC and customer engagement? Our latest article explores the potential impact of the EU AI Act and how companies can ensure compliance without losing their innovative edge. 🔗: https://hubs.ly/Q02NWP9P0 #ai #banking #eu #compliance #kyc #cdd