Adrian Murphy’s Post

🌐 FINMA's AI Guidelines for Swiss Financial Services In our latest blog, we delve into the FINMA Risk Monitor 2023, focusing on AI governance in the Swiss financial sector. Key highlights include: 🔹 Clear AI Governance & Responsibility 🔹Ensuring AI Robustness & Reliability 🔹Mandating AI Transparency & Explainability 🔹Preventing AI Discrimination 🔗 Read the full blog for an in-depth analysis of these guidelines and understand how they shape the future of AI in financial services: https://lnkd.in/gd7kbuUW #aigovernance #responsibleai

The Xapien - Dow Jones Risk & Compliance partnership is a big moment for the future of due diligence. With deep, investigative reports available in 5 minutes due diligence can become the first and not the last step in any onboarding.

🗞️ We’ve partnered with Dow Jones Risk & Compliance to power Integrity Check, a new due diligence solution that combines our cutting-edge AI technology with their compliance data. The Dow Jones team recognised the transformative impact of our AI on the global due diligence market. This partnership will enable us to bring AI-powered due diligence to a broader market enabling businesses around the world to operate with greater integrity, transparency and efficiency. Read more about the partnership here: https://lnkd.in/eBypc6zM #dowjones #riskandcompliance #aml #kyc #xapienthem

Discover the crucial aspect of AI implementation often overlooked. Trust and confidence in #AI models are vital for safe adoption in various industries. See how the regulated Financial Services sector has long relied on validation to interpret data sets and make informed decisions.

Governments can leverage on AI for data analysis(i.e predictive,descriptive and cognitive data analysis) that will give them the necessary insight in policy formulation and implementation!

Proper governance of AI ensures that new impactful technologies are used to serve society rather than the other way around. #Palantir proposes a new set of guidelines to steer AI developments so that we don't lose sight of the larger mission. #AI #Tech #OmniVoid #AIOversight

How can federal agencies responsibly advance AI innovation in government and ensure AI safety, security and trustworthiness? As #Palantir weighs in on landmark #AI governance discussions, we provided recommendations we believe will help strengthen OMB’s policy and better steer agencies’ approaches to AI governance and oversight. Read more: https://lnkd.in/gE9ygcFm

Is your organization inspired (or terrified) by the potential of Generative AI? Regardless, GenAI is here and already proving to be a source of significant competitive advantage with respect to business performance, talent-related matters, and even compliance and risk management. In Protiviti's latest whitepaper, we the importance of implementing AI governance—and how to do so to optimize the responsible and effective use of AI throughout the enterprise.

What's on the horizon for ESG regulation? Our Q3 2024 outlook examines this and other key areas expected to be prioritized by financial services regulators across the globe. Read it here: https://whcs.law/3YEqexa #whitecase #financialservices #ESG #AI

FINMA's Supervisory Expectations Regarding the use of Artificial Intelligence of Supervised Entities FINMA's Annual Report 2023 and Risk Monitor 2023 set out its expectations for the use of AI in the financial markets, highlighting the challenges it sees and providing initial guidance on how to address them. Talking about: 1. Governance and Responsibility 2. Robustness and Reliability 3. Transparency and Explicability 4. Non-discrimination read more on....