Tag: AI governance

Analytics | Artificial Intelligence | Risk Management
Reyk Mikles 0
Comply, compete or collapse: The new rules of risk modeling

The financial services industry is undergoing a period of profound change, driven by a dynamic economic landscape, increased regulatory scrutiny, changing consumer behavior and rapid technological advances. Banks operating in this environment are under increasing pressure to transform their risk modeling and decision-making ecosystems in order to remain competitive. This

Artificial Intelligence
Albert Qian 0
3 approaches to strengthening your social benefits program

Social benefits are crucial government services, especially during downturns, helping families navigate uncertainty and survive. Today, citizens interact with government services online, from applying for benefits to making appointments. This was particularly beneficial during the COVID-19 pandemic, allowing services to remain accessible while maintaining social distance. However, going digital also

Artificial Intelligence | Risk Management
Kristi Boyd 0
Understanding AI governance

AI governance is an all-encompassing strategy that establishes oversight, ensures compliance and develops consistent operations and infrastructure within an organization. It also fosters a human-centric culture.   This strategy includes specific governance domains such as data governance and model governance, necessary for a unified AI approach. Why AI governance matters  The

Advanced Analytics | Analytics | Artificial Intelligence
Dwijendra Dwivedi 0
7 common pitfalls to avoid when creating business value from AI

Artificial intelligence (AI) is causing a digital transformation that is changing businesses’ operations. It is likely to bring a sea change compared to the Industrial Revolution. Many challenges with AI are technical, but most failures occur because of poor strategy and execution. Fortunately, there are some steps you can take