IIF Authors

Status: Will be live at 12/20/2022 12:02

FRT Episode 126: Machine Learning Adoption

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 joins Conan French from IIF Digital Finance to explore the state of development and adoption of ML as well as the benefits and challenges that arise from its 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.