CAFRAL Virtual Program on Artificial Intelligence and Machine Learning

   Nov 10th, 2023
 
09:00 AM to 05:00 PM
 Online CISCO WebEx - Virtual Learning Program

Background

Artificial Intelligence (AI) and Machine Learning (ML) have been transformative technologies for the banking sector all over the world as well as in India, revolutionizing various aspects of operations, customer service, risk management and fraud detection. Use of AI / ML tools are growing significantly in customer engagement, credit scoring and risk assessment, fraud detection, anti-money laundering and cyber security. It also has implications for banks in reducing their operational cost and utilization of human resources. Needless to say, AI and ML technologies would continue evolve and play a vital role in the financial sector’s growth and innovation. This would also require addressing regulatory concerns, data protection issues, ethics and governance, while continuing to enhance technological competencies.  

Objective

The virtual program aims at providing a conceptual understanding of AI / ML to senior and top executives of banks & financial institutions. It would seek to disseminate knowledge of significant use cases in the financial sector, create awareness of supervisory initiatives & also provide an opportunity to understand risks in AI /ML and governance issues.

Program Highlights

The Program will deal with the following:

 

  • Fundamentals of AI/ML for Management
  • Business Strategy with AI/ML – Significant Use Cases
  • AI/ML Governance and Oversight
  • Risks in AI/ML and Risk Management
  • Legal and Regulatory Compliance, Data, and Data Privacy Protection

Documents

Participants Profile

Heads of Risk Management; CISOs/CTOs; Top and Senior Officials dealing with information security, cyber-crimes & frauds, cyber risk management

Directors on Boards of Banks/FIs & NBFCs.

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