How Generative AI Can Be Used in Banking Risk and Compliance

Once only accessible to data scientists at deep-pocketed institutions, today’s Generative AI empowers millions of non-technical users to explore artificial intelligence and create new solutions. However, the sheer vastness of possibilities is overwhelming – especially in banking due to unique requirements around regulatory compliance and risk management. Many risk and compliance professionals are struggling to come up with or narrow down use cases.

This webinar is designed to jumpstart the way risk and compliance professionals at banks approach Generative AI. Carl McCauley, CEO of 360factors, will showcase three use cases that use off-the-shelf solutions, including ABA-endorsed Predict360. These include using Generative AI for:

• Identifying risks and controls related to a regulatory document,
• Recommending what activities may need to be completed for new regulations or regulatory changes, and
• Gaining deeper insights and analysis from risk and compliance reports

The webinar will also touch on areas where Generative AI can be used within banks as well as discuss areas that may be more problematic in using Generative AI currently due to regulatory concerns or modeling requirements.

Finally, we’ll host interactive polls for attendees to gain real-time feedback from peers regarding additional use cases and barriers to adoption as well as a Q&A session for audience members to ask questions. Don’t miss this opportunity to be an early AI risk and compliance influencer!

Speaker

Carl McCauley, CEO of 360factors, brings over 25 years of technology, sales and management experience to 360factors. As CEO, Carl is responsible for leading 360factors business and product strategy, sales growth and market expansion.

Carl joined 360factors from Zycus, an industry-leader in procurement source-to-pay solutions, where he led the sales & solution consulting team as Senior Vice President of Sales and helped them become a leader in Gartner’s Strategic Sourcing Magic Quadrant. Prior to that, Carl led the sales and marketing team at AFS Technologies, a leading provider of supply chain software solutions for the food & beverage industry, where he helped grow revenue from $40M to over $90M during his tenure. Carl holds a Bachelor of Science degree in Electrical Engineering from the Georgia Institute of Technology.