Legal and Ethical Ramifications

  • TYPE: Combined Session DATE: Wednesday, September 18, 2019 TIME: 12:00-13:00 LOCATION: maX 2
Track

Sessions:

Artificial intelligence (AI) technologies are increasingly being used in a variety of fields, none more so than the financial industry. AI offers great opportunities; it can enable companies to automate manual processes and meet their regulatory requirements at a higher speed with a lower error rate and less effort.

While AI promises to bring greater efficiency to the provision of financial services, it is important to manage the risks.  Three principles that come up in this context are responsibility, explainability and transparency. The obligation to comply with rules and responsibilities remains with the management of the company. Therefore, the management board may not just shift responsibility to machines and algorithms. Ultimate responsibility for AI generated outcomes must remain with people.


Speakers:

Thomas Barkias is a Supervisor at the European Central Bank.  Thomas holds a B.Sc. in Mathematics, an M.Sc. in Computer Science and an MBA. His MBA thesis assessed the possible implications of DLT on the economy and society. He is a certified information systems auditor (CISA) and certified...

 Dr. Julia von Buttlar , LL.M. (Duke) is Deputy Head of the Division dealing with Administrative Offence Proceedings at the BaFin’s Directorate for Securities Supervision. Her practice includes all aspects of securities related delinquency and financial markets regulatory policy...

Robin actively contributed to building products and platforms that accelerated the Digital Transformation of industries using the power of Data. He works as the Chief Data and Analytical Officer for wefox, the largest Insurtech in Europe - and has held many senior leadership roles in both...

Ritavan is Partner & Head of AI at Surplus, Munich’s leading PropTech firm. He is involved in both VC investments and Company Building. Previously he was a Senior Scientist in the AI team at the Steering Lab of Horváth & Partners. He was also Adjunct Faculty at EU...


The complexity of regulations is hard to manage today for financial institutions. The vast amount of unstructured text contains relevant information and can only be accessed through high efforts. AI and especially its sub-discipline Natural Language Processing (NLP) open up a great potential to simplify access, monitoring and the implementation of regulations. In this presentation, first an introduction into basic concepts of AI and NLP will be provided. Afterwards, challenges in today’s regulatory environment are presented and ways how NLP can overcome those will be discussed. Furthermore, tools of AI and NLP will be demonstrated live on relevant data sources.


Speakers:

Milos is a Co Founder of deepset, a company developing machine learning systems for text and language processing. deepset’s systems are used by corporations for simplifying analysis of text data and the automation of information extraction. The systems are based on FARM, an open source...

As a part of Clyde & Co’s Corporate Insurance and Trade Finance teams, Lukas has a focus on advising clients in all kinds of insurance regulatory and insurance intermediation law matters with a particular focus on digitisation matters and projects. In that regard, he is also actively...



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Frankfurt, Germany

Conference

Digital Finance World 2019

Language:
English
Registration fee:
€1200.00 $1500.00 S$1920.00 13200.00 kr
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Contact person:

Mr. Levent Kara
+49 211 23707710
lk@kuppingercole.com
  • Sep 18 - 19, 2019 Frankfurt, Germany

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