Express Computer’s Post

Citi's recent move to shift part of its operations to Google Cloud is just the early stages of the AI revolution in banking. From enhancing risk monitoring to improving client interactions and creating efficiencies for banks, AI is reshaping the industry. Stay ahead of the curve and embrace the future of banking with AI. How is your institution planning on adopting AI / GenAI? https://lnkd.in/eyhBp833

The #AI blueprint: #Engineering a new era of compliance in #digitalfinance - https://bit.ly/4cXWsrd | #technews #technology #futuretech #IT #Cloud #security #fintech

Banking stands to gain more from AI adoption than any other industry, according to an Accenture 2024 banking trends report. Cloud is the key to scaling AI capabilities and unlocking the technology’s value.

As we run into last lap of 2024, In case you missed reading 𝐄𝐥𝐞𝐭𝐬 𝐁𝐅𝐒𝐈 𝐘𝐞𝐚𝐫 𝐁𝐨𝐨𝐤 𝟐𝟎𝟐𝟒 I sat down with Srajan to share my views on range of topics across banking, wealth tech, fintech, role of technology in transformation & innovation, future ready roadmap with cloud, AI, data.   #BFSI #data #AI #Transformation #Digitalbanking Anant Bhardwaj Bhavin Turakhia Ramki Gaddipati #eletsbfsi

Cloud adoption is part of JPMorgan Chase & Co. ’s broader prioritization of data to drive artificial intelligence adoption. “In addition to making sure our data is high quality and easily accessible, we need to complete the migration of our analytics data estate to the public cloud,” Jamie Dimon said. “These new data platforms offer high-performance compute power, which will unlock our ability to use our data in ways that are hard to contemplate today.” #cloud #data #AI

Google Cloud outlines 4 key #AI investments for banks in 2025 Banks that deliver hyper-personalised experiences will steal marketshare and deliver outsized revenue growth. Read more 👉 https://goo.gle/3BwWwB6

IT Executives are expressing concern over vendor-lock-in in AI technology, highlighting the growing risks associated with reliance on big tech. As the AI wave accelerates, third-party risk management will be crucial. The question arises: if you have to notify regulators when you move data to the cloud, what if AI autonomously moves data to the cloud? Stay informed with this insightful article. #AI #BigTech #RiskManagement #banking [Read more here: "https://lnkd.in/eGKjs99Q"]

A short piece I wrote on the future of AI for Wealth #AI #Wealth #Finance #PersonalFinance

There is so much talk about about #AI right now. How to use it, is it secure, does it breach ownership and copyright, why should we use it, what is it's purpose - all really good questions to which we have too few good answers. Kiran Nambiar's opinion piece below calls out the importance of AI that we identify with as we build MyFi by TIFIN. A massive problem of inclusion, access and growth that cannot be addressed by manpower alone, and an opportunity and purpose for AI, to level the playing field. Do read -->

In this year's letter to JPMorgan Chase & Co. shareholders, Jamie Dimon emphasized the importance of migrating the bank's technology to the cloud, aiming for 75% of data and 70% of applications by year-end in preparation for broader application of AI. https://lnkd.in/etjYdNeK This year's letter hit on a number of the trends we also talked about in our Banking Trends for 2024 - the need for a Bank/Regulator partnership to reduce complexity, the importance of fostering a culture of curiosity and learning, the cloud, and of course, Gen AI. https://lnkd.in/eTveARmR CIO Dive's Matt Ashare offers his insights here #Accenture #JPMC #Cloud #AI #BankingTrends #Banking #Banks #BankingIndustry