6b. ALL – Will AI Revolutionize the Financial Services Industry?

Join us for an insightful and exciting session where we explore ways that Artificial Intelligence (AI) is gaining traction in the financial services industry and quickening transformations within it. We will dig beyond the hype and discuss real-world AI use cases in our industry and outline steps in developing a roadmap to implement AI at your firm. We will also explore some potential ethical implications of using AI.
Learning Objectives:
• Understand types of AI: how are they being used by financial services firms, and how should firms supervise these unique “users”?
• Compare leasing vs. owning: how to get started on an AI project and steps needed to bring it to life in a responsible, scalable manner
• Discuss potential ethical implications/biases: How do firms take ownership of AI and monitor against unconscious bias?
• Consider implications for compliance: how to ensure that firms complete periodic testing, either by using independent systems/experts and/or knowledgeable personnel, and the need to include IT generated test reports or other documentation

Intermediate                        Program Level: Panel Date: November 9, 2021 Time: 11:30 am - 12:30 pm

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