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AI is making significant inroads within the financial services industry, and when utilised to its full potential, the return on investment is clear. From scaling businesses to enhancing and streamlining compliance functions, it’s clear that AI is key to the future growth of the funds industry.
But with great power comes great responsibility. In order to fully reap the rewards that AI has to offer, businesses need to consider the ethical implications and risks to boost the adoption of AI and accelerate its capabilities.
During this session, Ove will explore these considerations, from time spent training employees in responsible AI, to transparency with customers on how AI is used. The session will also cover how AI can be implemented within financial services to drive efficiencies, while ensuring client data and confidentially remain at the forefront.
Ove is an Assurance Partner at EY in Guernsey and the Markets and Digital Implementation Leader for EY across the Channel Islands. In recent years, he has worked closely with EY’s Fintech community in the UK and is leading assurance engagements within the digital asset space. This is Ove’s third session with the GTA, having previously delivered sessions on Managing Digital Asset Environment and The Potential of AI.
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