BIGIT 2019: Coming Face to Face with the Risk of Artificial Intelligence

AI the Double-Edge Sword

The explosion of big data and the availability of a myriad of analytics tools have enabled the integration of descriptive and predictive analytics into many business processes. The benefits are immense but it also exposes institutions to risks, losses and other pitfalls. AI algorithms unable to adapt to new situations? Discrimination in mortgage lending? Unintended disclosure of user data? Poor AI decisions can result in severe consequences. Listen to this expert presentation on how the stakes in managing AI risks are at an all-time high, and regardless of the technologies adopted, there is no replacement for a sound governance framework. Best practices in model risk management and governance will be shared.

ZIHAN ISMAIL
Head, Group Model Validation, Maybank

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