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Panel

Actionable AI in Banking: Beyond the Hype

calendar_today May 15, 2024

Actionable AI implementation in banking is no longer a futuristic concept but a strategic necessity for financial institutions looking to move beyond the initial industry hype. This session explores how Canadian banks are transitioning from experimental pilots to scalable, value-driven applications of artificial intelligence. While many organizations struggle with the gap between technical potential and operational reality, this discussion clarifies the specific frameworks required to achieve measurable success.

The shift toward actionable AI implementation in banking requires a rigorous focus on data governance, security, and the integration of large language models into existing legacy workflows. By examining real-world use cases, we can see that the most successful projects prioritize solving specific customer pain points rather than simply deploying technology for its own sake. Achieving a true actionable AI implementation in banking involves balancing rapid innovation with the strict regulatory requirements inherent to the financial sector.

To ensure your organization stays competitive, you must develop a roadmap for actionable AI implementation in banking that addresses both technical debt and cultural readiness. This video provides the blueprint for that transition, offering expert perspectives on the tools and mindsets necessary for long-term growth.

Takeaways from this session include:

  • Strategies for identifying high-impact AI use cases that align with core business objectives and ROI targets.
  • Methods for navigating the complex regulatory landscape while maintaining the pace of technical innovation.
  • Best practices for building cross-functional teams that bridge the gap between data science and retail banking operations.

Watch the full session to refine your strategy for actionable AI implementation in banking and lead your team through the next wave of digital transformation.


Speakers
  • Thomas Purves Principal, Financial Services Lahave Moderator
  • Baiju Devani SVP/VP AI TD Bank Speaker
  • Armando Benitez MD & Head AI & Quantitative Engineering BMO Capital Markets Speaker
  • Christine Day Chief Technology & Information Officer Questrade Speaker