Development, Implementation and Management of ML Models 2024

This GFMI industry meeting will showcase best practices for developing and managing Machine Learning (ML) models to maximize business value. The event will present best use cases of Natural Language Processing (NLP) and technologies that harness the potential of ChatGPT and generative AI. It will also assess the lessons learned by financial institutions that have successfully implemented these technologies, achieving a high ROI. Additionally, there will be a discussion on how to ensure data quality throughout the model lifecycle and how to address challenges such as explainability, accuracy, and data bias. Furthermore, the event will examine ways to ensure compliance with regulatory expectations by providing updates from regulators and their perspectives on the use of AI and ML technologies. Finally, the event will explore strategies for advancing current model risk frameworks to accommodate ML models and minimize associated risks.