AI risk management and the shift to capability control
By reframing validation, banks can align innovation with regulatory demands and maintain robust risk discipline, argues risk manager
It’s a major ambition gap. On the surface, financial institutions’ aspirations for artificial intelligence have never been higher. Banks are rolling out co-pilots for developers, investigators, relationship managers and compliance analysts. Executive decks are saturated with promises of automation, efficiency gains and productivity uplift.
Generative AI in particular is seen as the long-awaited
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