The Monetary Authority of Singapore (MAS) announced today that the first phase of its Veritas initiative – a framework for financial institutions to promote the responsible adoption of Artificial Intelligence and Data Analytics (AIDA) – will commence with the development of fairness metrics in credit risk scoring and customer marketing. The 25-member consortium will publish a white paper documenting the metrics and release an open-source code to enable financial institutions to adopt the fairness metrics in these two areas by the end of 2020.
A-Team Insight Briefs
Upcoming Webinar: Data Science & Analytics: Using new tools to help drive business driven analytics (the role of metadata strategy, knowledge graphs, data catalogs and more)
Date: 12 November 2020 Time: 10:00am ET / 3:00pm London / 4:00pm CET Extracting value from your firm’s data is imperative to stay competitive. Siloed, unstructured and unanalyzed data produces too much information that can burden an organisation’s ability to turn data into business assets. New tools are emerging to give greater transparency into your...
Cloud market data specialist BCC Group International has announced a partnership with with IBM to deliver real-time streaming market data into IBM Cloud Pak for Data and IBM Streams. IBM Paks are lightweight, enterprise-grade, modular cloud solutions, integrating a container platform and open source components along with common software services for development and management. The...
Now in its 4th year, the RegTech Summit in London explores how the European financial services industry can leverage technology to drive innovation, cut costs and support regulatory change.
High-profile and punitive penalties handed out to large financial institutions for non-compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations have catapulted entity data management up the business agenda. So, too, have industry and government reports on the staggering sums of money laundered on a global basis. Less apparent, but equally important, are...