Season 5: Episode 7 - AI in Financial Services

The Compliance Files

In this week’s episode, Siobhain Ivers, Senior Director & Deputy Chief Compliance Officer, Etsy Inc.and Chair of the Institute’s Fintech and Payments Working Group speaks with John O'Connor, Partner, Technology & Data and co-Head of FinTech at William Fry LLP, Claire O’Connor, Senior Associate, Technology & Data Protection, Fintech at William Fry LLP, Member of the Institute's Fintech and Payments Working Group and Chair of the Institute’s Southwest Regional Chapter Committee and Greg James, Senior Manager, fscom and Member of the Institute’s Fintech and Payments Working Group on the topic of AI in Financial Services.

The guests on today's episode have specific experience of navigating the challenges faced by financial services firms who have implemented or are in the process of implementing Artificial Intelligence solutions to empower their business. In this episode they explore some of those use cases, the provisions of the European Union's Artificial Intelligence Act and the practical legal considerations when regulated financial institutions are procuring AI solutions.