Balancing the Two Sides of AI: Benefits vs. Risks

Balancing the Two Sides of AI: Benefits vs. Risks
Thought Leadership Webinar: Companies around the globe are facing an Artificial Intelligence (AI) wave heading their way.  As a number of studies are highlighting the potential AI benefits so does the urge to “do something” about AI increases. But what are the possible implications of AI in the area of risk management and for banks in particular, and what do the regulators say about it? And what are the potential pitfalls that we should try to avoid? Join us for this webinar as we discuss the recent industry and regulatory trends around the application of AI in the area of Risk Management.

 

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Webinar Experts CRL Credits

 

Presented By:

Peter Plochan
Principal Risk Management Advisor
SAS Institute

Date:

May 15, 2019

Time:

10:00 - 11:00 a.m. US EDT
2:00 - 3:00 p.m. GMT

Session Length:

60 minutes




About This Webinar


Whether you are an AI believer or AI sceptic, nowadays you can not avoid being exposed to AI from multiple sides.  In this webinar, we will explore the various risk use-cases of AI in Risk Management, and the benefits and the challenges that come with it.  Application of AI in Risk Management, and in particular in the area of Regulatory risk management, is a heavily debated topic both on the regulatory and business side.  While there are lot of potential benefits that can be achieved with AI in risk management, these do not come free. Successful adoption of AI requires careful balancing of the AI rewards while addressing the new risks introduced by AI.

Key topics addressed in this webinar:

  • The latest regulatory and industry developments in the area AI and Risk Management
  • Benefits and challenges of AI in banking and risk management
  • Model Risk Management perspective on AI
  • Potential cures for mitigating the AI risks and challenges

 

About Our Experts

  

 

Peter Plochan is Principal Risk Management Advisor at SAS Institute assisting institutions in dealing with their challenges around finance and risk regulations, enterprise risk management, risk governance, risk analysis and analytics. Peter has a finance background (Master’s degree in Banking) and is certified Financial Risk Manager (FRM) with 12+ years of experience in risk management within financial sector. He has assisted various banking and insurance institutions with large-scale risk management implementations while working both internally and also externally as a risk management advisor (PwC).



Continued Risk Learning Credits: 1

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Registration
 Membership Type Price
 Sustaining, Corporate, and RIM Members $ FREE
 Contributing Member $ 35
 Non Member $ 75

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When
5/15/2019 10:00 AM - 11:00 AM
Where
Thought Leadership Webinar
 

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