Improving models for risk & effective compliance yields tremendous benefits. Current technology investments in this space are already in the tens of billions.
How can AI & machine learning augment existing investments in analyics & evolve these systems?
Alex Baghdjian,Financial Services Strategy Lead at Ayasdi, will lead us through some real examples of machine intelligence in risk & compliance at financial institutions.
Please note the location at Betaworks Studios.
6:00 PM Networking & Food, Beer6:30 PM Kickoff & Sponsors (IBM, Betaworks Studios)6:40 PMAlex Baghdjian, Ayasdi -A machine intelligence perspective on risk & compliance in financial services.7:20 PMTBD8:00 PM Extended Q&A & Open Member Discussion
Talk 1:A machine intelligence perspective on risk & compliance in financial services.
Abstract:While the spend on risk & compliance technology continues to grow (Celent expects $72B in 2019) the fines & frequency of those fines by regulatory authorities is also growing. This reflects an expectation by regulators that financial institutions do a better job using the data at their disposal. The challenge is that legacy techniques are not well suited to the challenges of the modern data set - challenges defined by dimensionality, sparsity, unstructured & unlabeled data. These are challenges for machine intelligence & this talk will focus on emerging approaches (namely the combination of unsupervised learning, supervised prediction & extreme transparency) & how they are remaking the regulatory & compliance landscape.
Bio:Alex Baghdjian is the Financial Services Strategy Lead at Ayasdi, where he heads the effort to design, develop & deploy intelligent applications for the financial services industry. Alex has spent the majority of his career working with various artificial intelligence technologies & their application to key areas such as regulatory risk, financial crime & customer intelligence. Prior to joining Ayasdi, Alex was with IBM as a consultant, and, most recently in the Watson Financial Services division where he served as an Offering Manager. He has a Bachelors in Business Administration from George Washington University.
Talk 2: Coming Soon
This event is made possible with the support ofIBMandBetaworks Studios.