Generative AI
Quantcast Master’s Series: Petter Kolm, Courant Institute
The NYU programme is taught almost exclusively by elite financial industry practitioners
How FCA could help tackle third-party risk in AI
UK regulator’s supercharged sandbox is designed to boost explainability and reduce reliance on vendors
When AI models malfunction, address the problem not the math
Governance of artificial intelligence models should focus on actionable outcomes rather than interpretability, argues former chief regulator
Generative AI brings testing times for modellers
Flagstar’s lead model validator offers some tips for safely integrating LLMs into risk models
Redefining risk playbooks amid volatility and AI disruption
Best practices around resilience, adaptability and clarity of purpose amid uncharted markets and political uncertainty
The AI bot that left the garage
Senior operational risk exec explains how hidden third-party feature could lead to systemic risk
Former regulator urges new approach to AI explainability
Ex-OCC chief Michael Hsu suggests shift from academic analysis to decision-based techniques
Hong Kong watchdog taps GenAI to monitor shadow banking risk
News headlines, social media and bank earnings calls all followed using in-house tools
AI in capital markets: bridging predictive precision with generative possibility
Regulatory requirements, compliance demands and concerns over data quality and consistency are prompting firms to approach AI with renewed caution and clarity
Brain drain at OCC raises concerns about US model supervision
Quant team cull will reduce capacity to validate bank models, but that could be part of the plan
Regulators urged to use Dora reporting to track systemic risk
Risk Live: Bankers and regulator say governance requirements for new rules are complex to implement
Why AI-enhanced risk management is vital for open finance
In bank-fintech partnerships, AI can be both a source of operational risk and a solution to it
Citi close to launching GenAI investment tools
New tech will be used to improve investment recommendations and increase cross-selling
A mix of Gaussian distributions can beat GenAI at its own game
Synthetic data is seen as the preserve of AI models. A new paper shows old methods still have legs
Gaussian GenAI: synthetic market data generation
A method to generate financial time series with mixture models is presented
Optimising AI and cloud transformation to modernise financial services in a dynamic regulatory landscape
Financial institutions are leveraging AI to modernise their infrastructures while navigating regulatory priorities and challenges
Evalueserve tames GenAI to boost client’s cyber underwriting
Firm’s insurance client adopts machine learning to interrogate risk posed by hackers
OCC’s security chief on generative AI with guardrails
Clearing house looks to scale technology across risk and data operations – but safety is still the watchword
Top 10 op risks: AI arms race leaves risk teams playing catch-up
As firms invest for fear of being left behind, op risk managers urge caution on data, controls and access
DeepSeek success spurs banks to consider do-it-yourself AI
Chinese LLM resets price tag for in-house systems – and could also nudge banks towards open-source models
Predictive analytics and beyond
The future of treasury with GenAI