Artificial Intelligence in Banking - Risks and Rewards
PRMIA Vienna presents an event on Balancing the risks and rewards of Artificial Intelligence in Banking.
Date:
February 26, 2019
Time:
5:30 p.m. - 9:00 p.m.
Location:
SAS Institute
Trabrennstraße 2B
1020 Wien
Austria
Across industries, analysts expect a dramatic increase in adoption of artificial intelligence (AI) technology over the next few years. In financial services specifically, the appeal of AI technology is strong and growing, outpacing many other industries. According to number of surveys, the Artificial Intelligence comes with substantial benefits and the expectations are very high. But do these benefits come for free?
Some factions of the industry are already calling for a cautious approach toward AI. Leading the pack are model risk management and model governance professionals responsible for protecting their banks from losses caused by use of improper or inaccurate models. The banking regulators who are also concerned about the risks that using AI models entails are taking first actions by providing general principles and recommendations for use of AI in financial services
As the industry increasingly adopts AI, it becomes essential to know how to confront the challenges raised by this promising technology.
Together with PRMIA and banking experts we will discuss how banks can balance the benefits with the risks introduced by AI.
Please note that this meeting will be conducted in English.
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5:30 p.m. – 6:00 p.m.
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Registration
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6:00 p.m. – 6:15 p.m.
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AI in Banking & Risk Introduction
Peter Plochan, PRMIA Vienna and SAS
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6:15 p.m. – 7:30 p.m.
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Balancing the risks and rewards of Artificial Intelligence in Banking - panel discussion
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Speakers
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AI in banking & Risk introduction
Peter Plochan, PRMIA Vienna, SAS
David Eschwe, Raiffeisen Bank International
Dr. Thomas Gaber, Senior Manager, KPMG
Dr. Gerhard Svolba, Principal Solutions Architect, SAS
Christian Marini, Senior Manager, Prometeia
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This event is FREE for members and non-members, although registration is required. Click "Register Myself" below to reserve your spot. Make sure to click "Continue" to proceed with your registration. (If this is your first time accessing the PRMIA website you will need to create a short user profile to register.) Support chapter events like this by becoming a member.