Tag: large language models

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 | Innovation | Predictions
Thorsten Hein 0
4 core insurance functions primed to benefit from agentic AI

Rapid advancements in artificial intelligence (AI) technologies, such as large language models (LLMs), have triggered radical transformation in insurance. While they have already reshaped how AI is used, LLMs alone are not sufficient for real-world decisioning. Some of the standard ways insurers have used LLM-based chatbots in the past are

Artificial Intelligence | Fraud & Security Intelligence | Innovation
Marinela Profi 0
Understanding the components of an AI agent: A five-step life cycle

AI agents are the tech trend of the moment. It is promising to reshape industries, streamline operations, enhance customer experiences and drive smarter decision-making in ways we couldn’t have imagined just a few years ago. As businesses, leaders, and innovators, it’s vital to understand how these systems actually function, not

Advanced Analytics | Artificial Intelligence
3 ways generative AI can assist in criminal investigations

Across the world, investigators and law enforcement officers are tackling a rapidly evolving and expanding workload fueled by an increase in complex modern-day crimes. As technology alters the type and methodology of the crime itself – the evasion of tax payments, theft of public funds, erroneous disbursement of benefits, gaming

Advanced Analytics | Artificial Intelligence
David Weik 0
Understanding LLMOps: Navigating the waters of large language models

Large language models (LLMs), like ChatGPT and Microsoft Copilot, have moved quickly out of the novelty phase into widespread use across industries. Among other examples, these new technologies are being used to generate customer emails, summarize meeting notes, supplement patient care and offer legal analysis. As LLMs proliferate across organizations,

Advanced Analytics | Customer Intelligence
Albert Qian 0
How to become more operationally efficient with decision trees and large language models

The ability of an organization to make informed decisions swiftly and accurately is crucial. Organizations across various industries rely heavily on advanced technologies to navigate complex data and enhance customer experiences. Decision trees and large language models (LLMs) are two technologies that play pivotal roles in empowering organizations to make

Machine Learning
Marinela Profi 0
4 strategies to optimize costs of large language model deployment

While large language models (LLMs) have become synonymous with advanced AI capabilities, their integration into various business and technological domains is often accompanied by significant costs. These costs arise from the extensive computational resources required for training and running these models. However, traditional natural language processing (NLP) techniques offer a

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