Adopting AI, ML and Automation in Banking with Agus Sudjianto, EVP, Head of Corporate Model Risk at Wells Fargo

The March 2022 guest speaker on Enterprise Data and AI is Agus Sudjianto, Executive Vice President, Head of Business Model Risk at Wells Fargo and his presentation “Adopting AI, ML, and automation in the banking industry” Thursday, March 3, 2022 from 11:30 a.m. – 1 p.m. ET!

The banking industry has rapidly adopted machine learning for various predictive analytics and process automation applications. The adoption of AI/ML is very natural due to the nature of business which is both data and process intensive. While the benefits of AI/ML are very compelling, they also bring new risks beyond traditional financial risk. With their risk management practice model that has matured over the past 10 years, banks are ahead of other industries in AI/ML risk management. One of the key aspects to manage risk is the explainability of the model.

As the adoption of so-called ExplicitableAI, which are typically “black box” machine learning models accompanied by post-hoc explainability tools, is becoming more mainstream for applications with low risk, concern remains for high risk areas such as credit underwriting; large banks are therefore generally more cautious in adopting the methodology. There are many recent developments on inherently interpretable and self-explanatory machine learning models without the problem of post-hoc explainers. My talk will focus on AI/ML applications, their risk management as well as the approach to designing intrinsically interpretable machine learning for high-risk applications.

Be sure to stick around for the Q&A at the end! Register and attend for free on the Cognilytica event website:

11:30 a.m. – 12:30 p.m.: Featured presentation
12:30 p.m. – 1:00 p.m.: Your Q&A and interaction

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