Artificial Intelligence for Senior Management & the Board
Overview
The continued development of Artificial Intelligence (AI) has brought significant risks and rewards to the financial services industry.
The advances typically seen in diagnostic medicine, for example, can be emulated to enhance productivity, improve transaction monitoring and analyse vast amounts of data to the benefit of firms and customers.
AI also brings risks, as it can be used for malicious purposes, as well as creating data privacy concerns.
This training session for Boards is intended to highlight these risks and rewards in the context of the Firm’s business and to promote discussion and better understanding at Governing Body level.
Who is this for?
This course would be suitable for Senior Management and The Board.
Learning Outcomes
After attending this session, Board members will be able to:
- Explain the meaning and uses of AI
- Describe the regulatory environment around AI
- Explain the benefits of using AI
- Explain the operational risk to their business through AI
- Describe how AI can be used by criminals
- Explain the role of the Board regarding the use of AI
Course Details
- What is AI and how is it used?
- The regulatory environment
- The benefits of using AI
- Operational risks of using AI
- The risks posed by criminals using AI
- The role of the Board
Delivery
Firms with more than 5 staff to train have the flexibility to deliver training in-person by one of our trainers at your premises, or virtually via Zoom, Teams or Webex.
Find out more about your Virtual or In-Person training experience below.
Virtual Delivery
Our virtual training courses are designed to be every bit as engaging as our in-person courses. To achieve this, our trainers use market-leading technology and a range of training techniques to ensure high levels of interaction with participants. Courses include the use of:
- Virtual ‘break-out’ rooms: participants are divided into virtual rooms to facilitate small group discussion.
- Polling: multiple-choice questions, answered anonymously, allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to highlight the practical application of theoretical knowledge.
- Messaging: participants can submit questions and comments, either to the whole group or privately to the trainer.
Additional Benefits:
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Recording: public course participants have the option to access a recording of the course for one month after the course. In-House clients also have the option to record their training for an additional fee.
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On-going Q&A: public course participants can access an ongoing Q&A facility allowing them to ask questions relating to the course.
In-Person Delivery
Our in-person training is delivered face to face at your offices, and includes:
- ‘In-the-moment’ questions & discussions: questions through conversations allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to explore practical application of theoretical knowledge.
- Q&A: participants can ask questions during training, either to the whole group or privately to the trainer.