Abstract

Responsible and trustworthy AI for finance

Galena Pisoni

In this talk I will present the outcomes of a literature review and in-depth analysis on (i) the specifications and requirements from a regulation point of view for AI financial products, (ii) methodologies and techniques for testing financial AI products in real time, (iv) off-the-shelf components and widgets that can be used for testing AI models for the domain of finance. Then I will present and discuss the use of AI for the management and improvement of financial companies’ business processes, and how to ensure responsible AI use in financial enterprises for all of their operations. I will present an information system design for responsible and trustworthy finance, compliant with regulation requirements. Financial companies will need strong and well-defined control
points in their information systems for regulation and creation of associated audits to enforce new policies and regulation principles. I will present a guide list of questions and challenges financial companies will need to solve to implement responsible AI operations in line with existing regulation.