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Maximizing compliance: Integrating gen AI into the financial regulatory framework

IBM Journey to AI blog

The integration of generative AI, particularly LLMs, offers transformative potential to automate compliance processes, detect anomalies, and provide comprehensive insights into regulatory requirements. Financial institutions are prioritizing the integration of AI to address pressing challenges and enhance their competitive edge.

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Bring light to the black box

IBM Journey to AI blog

A lack of confidence to operationalize AI Many organizations struggle when adopting AI. According to Gartner , 54% of models are stuck in pre-production because there is not an automated process to manage these pipelines and there is a need to ensure the AI models can be trusted.

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Ben Ball, IBM: Revolutionising technology operations with IBM Concert

AI News

In an interview ahead of the Intelligent Automation Conference , Ben Ball, Senior Director of Product Marketing at IBM , shed light on the tech giant’s latest AI endeavours and its groundbreaking new Concert product. IBM’s current focal point in AI research and development lies in applying it to technology operations.

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Everything You Need to Know About NYC’s Automated Employment Decision Tools (AEDT) Law

Dlabs.ai

New York City has responded to these concerns by introducing new regulations on using Automated Employment Decision Tools (AEDTs) in 2023. Let’s start by explaining what exactly Automated Employment Decision Tools (AEDTs) are. How can we ensure these technological advances don’t harbor biases or injustices?

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How the EU AI Act and Privacy Laws Impact Your AI Strategies (and Why You Should Be Concerned)

Unite.AI

Administrative automation for education and other industries AI systems classified as high risk are subject to strict compliance requirements, such as establishing a comprehensive risk management framework throughout the AI system’s lifecycle and implementing robust data governance measures.

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How to use foundation models and trusted governance to manage AI workflow risk

IBM Journey to AI blog

It encompasses risk management and regulatory compliance and guides how AI is managed within an organization. Foundation models: The power of curated datasets Foundation models , also known as “transformers,” are modern, large-scale AI models trained on large amounts of raw, unlabeled data.

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AI Auditing: Ensuring Performance and Accuracy in Generative Models

Unite.AI

For example, AI models used in medical diagnoses must be thoroughly audited to prevent misdiagnosis and ensure patient safety. Another critical aspect of AI auditing is bias mitigation. AI models can perpetuate biases from their training data, leading to unfair outcomes.