by gegwp1 | Oct 8, 2024 | Financial Consulting, Industry News
In a recent interview, Donna Achimov – the Chief Compliance Officer and Deputy Director of Canada’s FINTRAC financial intelligence unit – highlighted how they increasingly use artificial intelligence to monitor bank activity for suspected money laundering and...
by gegwp1 | Oct 8, 2024 | Financial Consulting
Financial institutions have multiple obligations to surveil the activity and behavior of their clients, counterparties, and associates. The scope of these obligations is growing as a higher percentage of client interactions are digitized, creating the expectation by...
by gegwp1 | Oct 8, 2024 | Financial Consulting
We’ve discussed how variability in a large language model (LLM) output is one of the biggest challenges to creating an effective AI-driven application. If you ask the same question to an LLM-based chatbot, you may get different answers depending on the bot’s...
by gegwp1 | Oct 8, 2024 | Financial Consulting
Creating and training large language models (LLMs) is an expensive and challenging process that most organizations don’t have the resources and capabilities to undertake. So, how do I get an LLM to provide relevant and accurate information enough to automate a...
by gegwp1 | Oct 8, 2024 | Financial Consulting, Industry News
The release of ChatGPT to the public in November of 2020, along with the APIs that allowed developers and businesses to integrate it into their applications and services, has created tremendous demand for AI-driven capabilities. Why? Interacting with a...
by gegwp1 | Oct 8, 2024 | Financial Consulting
Delivering financial services products requires the coordination of many different processes, capabilities, and organizations. When you consider the detailed attributes of the customer, the product, the delivery channel, and the regulatory jurisdiction for...
