PRA SS1/23 Model Risk Management: What are the Supervisory Expectations?
Within the financial industry, PRA SS1/23 is a key framework setting out supervisory expectations around effective model risk management. With the growing reliance of firms on soph
AI Trading: Which Strategy is Best for Beginners?
Introduction The financial sector has undergone a notable transformation in recent times through the emergence of AI trading. Utilizing artificial intelligence to make trading deci
What are the Key Requirements of OSFI E-21 for Canadian Financial Institutions?
Background As part of the evolving financial services landscape, Canada’s Office of the Superintendent of Financial Institutions (OSFI) developed the OSFI E-21 guideline, to
Hybrid Change Management: What Is It, and Why Does It Matter?
Change management serves as the primary driver in helping transition and deliver desired business results to organizations when they enact new policies, procedures, or technologies
AI Trading: What Algorithms and Data Power It?
Introduction AI trading is a rapidly-evolving area in the realm of AI application. Using powerful algorithms, AI trading systems can process massive amounts of market data and make
AI in Insurance: What New Efficiencies Does Artificial Intelligence Offer?
Introduction The adoption of AI technology in the insurance industry has brought radical changes in the recent years. The continuous development of artificial intelligence reshapes
AI’s Levers: What Functions Does Artificial Intelligence Actually Control?
Introduction Rapidly progressing from a futuristic notion to an everyday reality, artificial intelligence (AI) is transforming industries, increasing efficiencies, and fueling inno
Responsible AI Careers: Which Fields Are Hiring?
Introduction Responsible AI, also known as the development and deployment of ethical, transparent, and accountable artificial intelligence, has become a central theme in the era of
AI Risk Management: What Happens When AI Fails?
Introduction AI risk management is a key element in the emergent field of artificial intelligence. It involves identifying, assessing and controlling the potential risks and uncert
Can AI Reduce Credit Risk? Exploring Real-World Applications
Introduction Artificial Intelligence(AI) has become a key driver in today’s fast-changing world of finance, redefining how financial institutions operate and manage risk. The