The terms, Artificial Intelligence (AI) and Machine Learning (ML), have been used extensively across the financial industry in recent times. However, little has changed in reality for many financial institutions and most financial crime systems are still rule-based or black-box models. The results from the use of AI/ML are also less than ideal and many financial institutions are still straddled with the high costs and risks arising from ineffective financial crime systems.
In this session, KPMG in Singapore will be sharing our exciting experiences and insights (i.e. successes, pitfalls and myths) on the latest developments in the use of AI/ML in the financial crime space, and what we envisage to be the future of financial crime detection and prevention leveraging Google Cloud Platform.
In addition, Google will be sharing about the unique cloud infrastructure that will support a revolutionary data-collaboration consortium model. This model will allow financial institutions to securely share transactional data to the Google Cloud platform, potentially unlocking value to the compliance teams from insights derived from AI/ML models that were previously obscured.
Google Asia Pacific and KPMG in Singapore are pleased to invite you to our exclusive joint event on the use of AI/ML in the fight against financial crime. This session promises to be an engaging and insightful discussion on how these advanced technologies are being leveraged to combat some of the biggest challenges in the financial industry.
- The successes, pitfalls and myths in the use of AI/ML against financial crime;
- Building your AI-enabled financial crime “super-app”; and
- Benefits and capabilities of Google Cloud Platform to bolster the fight again financial crime.
- Lem Chin Kok, Partner, Head of Forensic, Asia Pacific, KPMG in Singapore
- Vikas Desai, Principal Architect, Google Asia Pacific
This event is complimentary and will be followed by lunch in the Google office where you will have the opportunity to network with other financial crime compliance and technology professionals. Please indicate your availability to attend this event by clicking on the registration button above. If you are unable to join, please extend this invitation to other members of your organisation.
We look forward to welcoming you to this insightful event!
Monday, 13 March 2023
9.30am - 12:00pm
Google Asia Pacific, Singapore
Everest Room, #03-71
70 Pasir Panjang Rd,
Mapletree Business City II