RiskOn 2024 | Transforming Uncertainty into Opportunities
The RiskOn event on September 4 – 5, 2024 brings together experienced risk professionals with experts and talents from Switzerlands leading universities to co-create innovative solutions in the realm of risk management
Challenge 1: Use of new technologies for risk events classification and analysis
Financial institutions, as part of their risk frameworks, are required to capture, investigate/analyse and report on risk events. Given the volume of such events, their handling and analysis may be cumbersome and resource intensive.
Challenge 2: Fraud Risk Detection – How artificial intelligence can help?
Fraud risk is currently among the top risks in the financial sector. Big data and the rapid development of artificial intelligence has also contributing to that over the past few years. On the other hand, AI-methods can be efficiently used by banks for
early detection of fraud risk.
Challenge 3: How can AI be leveraged to enable CRO employees to work more efficiently?
With the rise in Artificial Intelligence solutions, there is the potential for improving/scaling/automating tasks performed by Chief Risk Officer (CRO) employees, when considering the associated risks, limitations and implementation cost.
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