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The Cyber Security Place

Artificial Intelligence

How artificial intelligence is shifting the model risk management landscape

Reported by itproportal.com

An increasing reliance on models, regulatory challenges, and talent scarcity are driving banks toward AI. Without risk, there are no rewards. Financial institutions, by their very nature, are risk-taking entities. They have to balance the risk against the potential benefits for the good of their investors, shareholders and members.

Read the full article at itproportal.com