The New Skills in Finance Report 2022
In a digital-transforming era, there is a widening skills gap for those who cannot adapt to the new digital world in finance.
CFTE and Elevandi published the report with the discussion with leading experts to help governments, organisations and individuals address the current skills gap in finance and build a digital-resilient workforce in the industry.
Key takeaways from "Emerging Risks and Opportunities of Generative AI for Banks: A Singapore Perspective" report published by MindForge
CFTE summarised “Emerging Risks and Opportunities of Generative AI for Banks: A Singapore Perspective” report by MindForge. This report explores the impact and potential risks of generative artificial intelligence (AI) technology in the financial services sector, particularly in Singapore.
- Discusses the adoption of generative AI in the banking sector and its potential to improve customer satisfaction, enhance employee experience, reduce costs, and augment productivity.
- Evaluates specific risks posed by generative AI that extend beyond traditional AI challenges and explores the need for revised governance and regulatory frameworks.
Table of Contents
1. Introduction to Generative AI in Banking
2. Potential Benefits of Generative AI in Financial Services
3. Risks Associated with Generative AI
4. Governance and Regulatory Challenges
5. Strategies for Responsible Use of AI in Banking
6. Impact of Generative AI on Workforce and Operations
7. Future Outlook and Recommendations
Key Findings and Insights
This report will give you an insight into: