Generative AI in financial services: Pathways to value and industry collaboration

BCG estimates that (Gen) AI can bring 30-50% efficiency improvement, impacting all the key elements of financial services value chain. Fintechs, Banks, Insurers are announcing great value delivered with Pilots, POCs, experiments but acknowledge that scaling is not straightforward. 
 
In the 2023 (Gen) AI roundtable we covered the potential for Financial Institutions, prominent use cases, discussed challenges and aligned on key imperatives required to scale and achieve value. 
 
12 months later it's time to count the chickens. This roundtable aims to bring together AI practitioners, FI executives, policy makers and thought leaders to discuss the proof of value, Gen (AI) at scale and what it takes to achieve it. 
 
Key discussion points: 
 
1. Proof of value in FIs - where's the promised transformative impact? 
2. What are the lessons learned from transformative implementations 
3. How do we solve the remaining challenges of scaling from business, tech and risk angle?
4. What role can regulator and ecosystem play in accelerating transformation?

Speakers

Amy Lee

Amy Lee

Head of Fintech Hub, Bank of England

Asif Saleem

Asif Saleem

Industry Principal Architect, Financial Services APAC, Google

Carla Martin

Carla Martin

Lead Data Scientist, Asset Mapping & Asset Intelligence, Quant Cube Technology

Prof. Chia Tek Yew

Prof. Chia Tek Yew

Advisor, NUS - Asian Institute of Digital Finance

Donald MacDonald

Donald MacDonald

Head of Group Data Office, OCBC Bank

Mukaya (Tai) Panich

Mukaya (Tai) Panich

CIO & CEO, SCB 10X

Dr Patrick Hoffmann

Dr Patrick Hoffmann

Advisor, BIS Innovation Hub - Singapore Centre

Rajeev Hassamal

Rajeev Hassamal

Head of GenAI & Future of Work, DBS Bank

Shameek Kundu

Shameek Kundu

Executive Director, AI Verify Foundation, IMDA

Shayan Hazir

Shayan Hazir

Chief Digital Officer, ASEAN, HSBC

Srivatsan Tirumalai

Srivatsan Tirumalai

Executive Director - Architecture and Engineering, United Overseas Bank

Ronit Ghose

Ronit Ghose

Head of Future of Finance, Citi

Moderator

Saurabh Tripathi

Saurabh Tripathi

Global Leader - Financial Institutions, The Boston Consulting Group

Dr Stiene Riemer

Dr Stiene Riemer

Managing Director & Partner, The Boston Consulting Group GmbH

Chair

Alan Lim

Alan Lim

Director & Head, Financial Infrastructure and Artificial Intelligence Office, Monetary Authority of Singapore

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