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Artificial Intelligence and Financial Services
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Nick Boyer Senior Director, Strategic Consulting at PROS
According to the Office for National Statistics (ONS), inflation in the UK reached 9.4% in June, a percentage not seen within the last 40 years. The rate of increase for raw material prices reached a new high of 24% in June 2022, up from 22.4% in May 2022. The month also saw producer output prices (factory gate prices) increase by 16.5 percent, up...
31 August 2022 /markets
Anna Slodka-Turner Risk and Quant Solutions, Global LoB leader at Evalueserve UK Ltd
Artificial Intelligence (AI) is at the forefront of many conversations across industries. And why not? It’s brought us extensive solutions, saving humankind so much time. But like everything good, it has limitations, particularly general AI, which often feels like a catch-all term for a general algorithm accessible via some speakerphone that can d...
10 August 2022
Prabhu Ramamoorthy Global Manager Financial Services Ecosystem at NVIDIA
Physicists may say otherwise, but it is trade that makes the world go round -- at least financially. From supply chain issues to volatility in prices across asset classes, from stocks to crude oil, trade defines much of the movement in the international economy. With trillions of dollars moving daily across the financial system, the temptation to ...
03 August 2022 /regulation /crime
Hugo Chamberlain Chief Commercial Officer at smartKYC
When to use Enhanced Due Diligence Know Your Customer (KYC) screening can take many forms as a process and certainly as a technology solution in the ever expanding industry. At a minimum, companies have a requirement to check and verify an individual's identity by using document verification and/or biometric tools, which may suffice in terms of a ...
25 July 2022 /regulation /crime
Steve Morgan Banking Industry Market Lead at Pegasystems
From the current geopolitical landscape, it is clear we are in a period of instability and unpredictability, and one which we won’t likely see the back of any time soon. From war in Europe, to continued supply chain disruptions in China as a result of COVID lockdowns, there are a variety of factors contributing to rising inflation and the cost of ...
20 July 2022 /people /retail
Kevin Levitt Global Business Development, Financial Services at NVIDIA
Financial regulators across Europe continue to levy steep enforcement fines against banks for failures to comply with know-your-customer (KYC) and anti-money laundering (AML) regulations. At the end of 2021, the Financial Conduct Authority (FCA) fined two of the UK's largest banks, HSBC and NatWest, a total of £328.95 million ($436.1 million) for ...
19 July 2022 /crime
Paul Fermor UK Solutions Director at Software AG
With a predicted global addressable market of nearly $600 billion in 2022, hyperautomation (HA) is a key focus for many industry transformation initiatives. In this article, I’ll lay out in layman’s terms what hyperautomation is, why it matters and what foundations firms should establish to ensure the delivery of successful hyperautomation initi...
06 July 2022
Shabnam Wazed Founder & CEO at AGAM International
By Shabnam Wazed, Founder and CEO of AGAM International Banks and lenders have historically focused extensively on a borrower’s current financial information when evaluating their likelihood of repaying a loan on time. Lending decisions are made on factors like payment history and outstanding debt. But millions of conscientious people - potential ...
15 June 2022 /startups /inclusion
Diederick Van Thiel Visionary Board Member | CEO | NED at AdviceRobo | Ecology Innovations | IKANO | Channel
Vision on the future of venture capital The pandemic has exposed value chain fragility and stress-tested all sectors and industries. Innovation has become the new arms race. According to Mc Kinsey Global Research of Executives companies have accelerated their digitization by three or four years and the share of digitally enabled products in their ...
24 May 2022 /startups /predictions
Leslie Kanthan CEO at TurinTech
The applications of AI in the financial sector are multi-faceted. In this article, we explore some key use cases of AI for hedge funds. We also look at potential challenges in implementing AI-based solutions, and how hedge funds can circumvent these challenges. In an analysis done in 2020, consulting and research firm Cerulli claims that there is i...
23 May 2022 /inclusion /markets
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