Steve Morgan Banking Industry Market Lead at Pegasystems
Artificial Intelligence, Robotic Process Automation, Intelligent Automation, Blockchain, Tokenisation, Machine Learning - banks are struggling to work out which technologies are most suitable for their needs and which they should prioritise in order to get the most out of their investment. In some ways, this has always been the case with technolog...
29 January 2020 /ai Artificial Intelligence and Financial Services
Retired Member
Prior to 2018, regulators resisted recommending the use of Machine Learning (ML) based Artificial Intelligence (AI) for AML compliance. There was a mindset shift in mid 2018 indicating that proceeding with caution in implementing AI approaches for AML is appropriate. Regulators realize the adoption of recent innovation, such as the use of AI-ML an...
25 January 2020 /ai /regulation Innovation in Financial Services
This is the first in a series of three blog posts which looks at how a digital finance transformation enables a future-ready finance department - one that can use data, technology and human talent to go beyond governance to provide commercial leadership to the business. In this series we outline how digital finance transformation enables efficient...
23 January 2020 /ai /cloud Banking Strategy, Digital and Transformation
Yagneswara Sarma Bulusu Consulting Partner at Tata Consultancy Services Ltd.,
Abstract Custodian banks continue to grapple with cost pressures, operational challenges, and legacy infrastructure. The advent of disruptive technologies such as blockchain, robotic process automation (RPA), and cognitive technologies have helped custodian banks to resolve these challenges. In Part 1, of a two part series, we examined the potent...
22 January 2020 /ai /markets Artificial Intelligence and Financial Services
Barley Laing UK Managing Director at Melissa
When the debate in financial services turns to artificial intelligence (AI), reality often gets lost in the excitement, with enthusiastic talk about over ambitious uses of the technology rather than what it can effectively deliver today. By being smart with AI, and not attempting to get AI to ‘do it all’, it’s possible for the banking world to leve...
21 January 2020 /ai Artificial Intelligence and Financial Services
Harish Kumar Industry Advisory Consultant - Lending at Tata Consultancy Services
When it comes to personal transportation, consumers are gradually preferring 'Usership' compared to 'Ownership' of cars. As a result, the dynamic choice of vehicles tends to make customers more demanding. This leads to an important area in the auto lifecycle that is the closure / renewal of the end-of-term lease. In 2019-20, the number of vehicles...
Steve Wilcockson Product Marketing at Quantexa
I have for some time been aware of companies increasingly submitting code to open source repositories, some quite openly like the hedge funds Man AHL and Two Sigma Investments. Others have jumped on the "cool open source" bandwagon. The subject is frequently discussed on the conference circuit and blogosphere, particularly in data scienc...
11 January 2020 /ai /devops Innovation in Financial Services
Mete Feridun Chair at EMU Centre for Financial Regulation and Risk
On 7 January 2019 the Bank of England (BoE) published a discussion paper (DP) on the way it collects data from financial institutions in response to the June 2019 Future of Finance report undertaken by Huw Van Steenis and commissioned by Mark Carney. Proposing a number of options to improve the timeliness, flexibility, quality and interpretation o...
10 January 2020 /ai /regulation Banking Regulations
Debbie Green VP of Applications at Oracle
It is widely believed that we only use 10% of our brain, but science has without doubt disproved this fact. However, it is easy to see why we would believe it. We often find ourselves failing to achieve our full potential, whether this comes in the form of lacking productivity at work, the impact of stress or tiredness on our decision-making, or l...
07 January 2020 /ai /cloud Finance 2.0
Wealth management is transforming faster than most professionals realize because the industry’s customer base is changing. Three trends are driving a paradigm shift in wealth management that will become clear in 2020. The most visible trends are the rise of intergenerational wealth, and the growing number of high-net worth women. For example, the
18 December 2019 /ai /wealth Trends in Financial Services
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