Before giving artificial intelligence and machine learning free rein, financial firms must ensure that the decisions these programs make do not result in new risks and expensive regulatory breaches. The risk and compliance standards put in place after the financial crisis are not going away. But what if financial institutions could turn the situation into a competitive advantage?
Read the story in BRINK, by Subas Roy, Partner, Digital Technology & Operations and Finance & Risk Practice; Jayant Raman, Principal, Finance and Risk Practice; and Michael Heaney, Principal, Finance & Risk and Data, Technology & Analytics Practice; all of Guy Carpenter affiliate, Oliver Wyman.
