Startseite // SnT // News & E... // How Artificial Intelligence is Shaping the Future of Finance

How Artificial Intelligence is Shaping the Future of Finance

twitter linkedin facebook email this page
Veröffentlicht am Freitag, den 18. Juni 2021

When it comes to streamlining workflow within a company, artificial intelligence (AI) is increasingly being incorporated to help save precious time on tasks that can be automated. However, AI is by no means a ‘one-size-fits-all’ solution. Companies need a tailor-made approach that’s going to cater to their specific needs, or otherwise risk incorporating something that’s not fit for purpose.

Prof. Domenico Bianculli, a chief scientist specialising in software engineering at SnT, has been working with financial regulator CSSF on introducing AI to their processes. Based within the Software Verficiation and Validation research group (SVV), Prof. Bianculli and his team have been helping CSSF to automate their compliance checks on financial documents.

In an article with Paperjam, Prof. Bianculli details how AI has changed the finance industry, including some of the more common implementations. He also discusses some of the complications that can arise from introducing AI, as well as what factors need to be prioritised when a tailor-made artificial intelligence is being created.

The full article can be found here.