Etive was really pleased to be a part of the IBM Financial Services Cloud Summit on the 13th June. The open forum discussed and debated AI for Business, especially in financial services, and of course GenAI (Generative AI) Model Applications. Further discussion went into Security, Risk & Compliance Challenges and how to address the growing challenges of removing friction from securing applications and services and how AI/ML can be used to proactively identify and mitigate risks, automate compliance processes whilst upholding regulatory standards.
It was interesting to hear from a wide range of banks about their challenges and the different fintech firms in attendance. IBM FS were on hand to provide their additional views, as well as hosting a really constructive day. Combined with this, Machinelab played a key role in the event, fostering innovation and strategic partnerships between tech ventures, banks and enterprise. We are excited about our partnership with IBM and Machinelab on this venture.