Generative AI
Top 10 operational risks for 2024
The biggest op risks for the year ahead, as chosen by senior industry practitioners
The bank quant who wants to stop GenAI hallucinating
Wells Fargo model risk chief thinks he has found a way to validate large language models
Digging deeper into deep hedging
Dynamic techniques and GenAI simulated data can push the limits of deep hedging even further, as derivatives guru John Hull and colleagues explain
AI expert warns of algo-based market manipulation
Regulators must keep pace with new technology that could be used to control financial markets
Will generative AI crack the code for bank tech teams?
Banks could roll out tools to help translate old – or write new – code within months
AllianceBernstein: fine-tuning shrinks GenAI ‘hallucinations’
Asset manager says its tweaks have improved accuracy of LLM models
Generative AI is changing debate on explainability, says Deutsche
Innovation head says observability can aid regulatory acceptance
FCA warns on third-party risk management for AI projects
UK regulator keeping close eye on use of cloud and vendor partnerships to develop new models
Citi cyber chief says AI providing new weapons in hacking wars
Barron-DiCamillo also urges regulators to work with industry best practice, not against it
Banks’ internal watchdogs bark back at ChatGPT
Generative AI has plenty of uses in finance, but banks must first overcome compliance headaches