Venue : Sime Darby Convention Centre

Event Description

Among the key technologies disrupting the financial services industry such as big data analytics, cloud computing and blockchain, AI is one technology that is fundamentally reshaping how FIs operate and interact with customers. According to the latest statistics published by the International Data Corporation, global spending on AI systems is expected to grow to nearly USD35.8 billion in 2019, an increase of 44% over the amount spent from the previous year. Although global spending on AI systems in 2019 will be led by the retail industry, it is anticipated that the banking industry will come in second with approximately USD5.6 billion going towards AI-enabled solutions such as customer service chatbots, automated threat intelligence & prevention systems, as well as fraud analysis & investigation systems.

In view of the above, this masterclass, which will be facilitated by a prominent expert and thought-leader in AI within the financial services industry, Ms Clara Durodié will touch on key areas, such as:

1. What is AI?

2. Use-case/application of AI within financial services

3. Developing an AI strategy for FIs

4. Key corporate governance questions that the Boards of FIs should ask in adopting an AI strategy.


Introducing the Speaker

Ms Clara Durodié is a technology strategist specialising in applied AI in financial services, with a focus on AI & ethics, and the strategic adoption of AI for business profitability. She is internationally recognised for her expertise, advising Boards of leading FIs, think-tanks, governments, and academia. She also mentors AI startups on funding and growth strategy.

She is consistently named on numerous global lists of leading women in FinTech, and is the Chair of the Non-Executive Directors Board’s special committee on Best Practice for AI Adoption (UK) and a member of IEEE Global Initiative on Ethics of Autonomous and Intelligent Systems (USA). She has advised the World Economic Forum’s 4th Industrial Revolution Centre in San Francisco (US), the All Parliamentary Party Group for AI (UK) and the Ministry of Internal Affairs and Communication’s special commission on AI (Japan). In June 2018, Clara was also appointed as a member of the European Union AI Alliance, an EU governmental body.

She is a frequent presenter at leading conferences around the globe, including SIBOS, Money 2020, Innovate Finance Global Summit, AI World and at London Business School where she addressed an audience from leading universities around the world such as Harvard, Stanford, MIT, and Cambridge. She has been invited as a guest lecturer by leading universities like the University of Oxford’s Executive MBA and Massachusetts Institute of Technology. She also teaches at the Oxford AI course, organised by the University of Oxford. She is the author of ‘Edge of Progress - How AI is Transforming Financial Services’, the first guidebook on AI in financial services for C-level, Boards and decision makers (to be published in fall 2019).


Agenda

9.00am – 9.30am : Registration & Networking Breakfast

9.30am – 12.30pm : Masterclass by Ms Clara Durodié