FRT Episode 126: Machine Learning Adoption

Finance Regulation Technology

In this episode of FRT, Ryan Moore, Managing Director of Financial Services at EY, discusses trends in Machine Learning adoption in financial services and key insights in the upcoming IIF-EY Report on ML for Credit Risk and Anti-Money Laundering. Ryan will join Conan French from IIF's Digital Finance department to discuss the state of development and adoption of ML, including the benefits and challenges that arise from ML use in financial services. Specific points include machine learning governance maturity, model monitoring, feedback mechanisms and other controls that are being used by Financial Institutions to assess bias and unfair practice risks that can come with ML use. With this episode, we will be returning to our bi-weekly episodes.