The financial services (FS) industry is going through a period of profound change and disruption. Technology is providing the means for firms to reimagine the way in which they operate and interact with their customers, suppliers and employees. One significant area of development is the utilisation of artificial intelligence (AI) and machine learning (ML).
But as with any change, regulatory interest in, and scrutiny of, AI is growing - and firms are facing new and exacerbated risks such as explainability, bias, governance, accountability and data protection across the AI lifecycle. In this report we explore what firms need to do to meet the regulators’ expectations on AI and ML - and why it’s crucial that they do so.
Data protection and security
UK FS Data Analytics Leader, PwC United Kingdom
Tel: +44 (0)7711 562 381
Director, PwC United Kingdom
Tel: +44 (0)7718 979428
Manager, PwC United Kingdom
Tel: +44 (0)7483 399332
Senior Associate, PwC United Kingdom
Tel: +44 (0)7483 329595