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Risk Management for AI Chatbots

O'Reilly on Data

Welcome to your company’s new AI risk management nightmare. Before you give up on your dreams of releasing an AI chatbot, remember: no risk, no reward. The core idea of risk management is that you don’t win by saying “no” to everything. So, what do you do? I’ll share some ideas for mitigation.

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Should finance organizations bank on Generative AI?

CIO Business Intelligence

Financial organizations want to capture generative AI’s tremendous potential while mitigating its risks. In the finance and banking industry, however, organizations are seeking extra guidance on the best way forward. In the numerically based finance and banking industry, does generative AI have as much application potential?

Finance 133
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Takeaways from NLP for Sustainable Finance (NLP4SF)

Dataiku

In July 2023, the Natural Language Processing for Sustainable Finance research group — NLP4SF — held its launch, and I had the privilege of attending.

Finance 64
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How to build a successful risk mitigation strategy

IBM Big Data Hub

.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 78
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Hands-On Introduction to creditR: An Amazing R Package to Enhance Credit Risk Scoring and Validation

Analytics Vidhya

One of the biggest industries to be impacted – finance. The post Hands-On Introduction to creditR: An Amazing R Package to Enhance Credit Risk Scoring and Validation appeared first on Analytics Vidhya. Introduction Machine learning is disrupting multiple and diverse industries right now. Functions like fraud.

Risk 260
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How Big Data Impacts The Finance And Banking Industries

Smart Data Collective

Typically, this approach is essential, especially for the banking and finance sector in today’s world. Right now, Big Data tools are continuously being incorporated in the finance and banking sector. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations.

Big Data 140
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How generative AI can help finance and accounting professionals

IBM Big Data Hub

Whether you’re a CFO, an accountant, a financial analyst or a business partner, artificial intelligence (AI) can help improve your finance strategy, uplift productivity and accelerate business outcomes. Our experts at IBM Consulting are taking a comprehensive look at generative AI for F&A and considering the need to balance risks.

Finance 66