• EXECUTIVE PROGRAMME IN INVESTMENT BANKING AND CAPITAL MARKETS
  • ADVANCED MANAGEMENT PROGRAM IN FINANCIAL SERVICES AND CAPITAL MARKETS
  • IIM Indore Postgraduate Certificate Programme for Emerging CFOs
  • POSTGRADUATE PROGRAM IN BANKING AND FINANCE
  • PGP in New Age Banking
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  • POST GRADUATE DIPLOMA IN MANAGEMENT
    Co-created with BIMTECH
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    2x industry demand
  • MBA in Investment Banking
    Co-created with Jain University
    4.5 out of 5 by467 learners
    2x industry demand
  • MBA in Fintech
    Co-created with Jain University
    4.4 out of 5 by 349 learners
    2x industry demand
  • MBA (Distance) in Banking and Finance with NGASCE
    Co-created with NMIMS
    4.7 out of 5 by 669 learners
    4x Industry Demand
  • Post Graduate Program in Banking and Credit Underwriting
    4.7 out of 5 by 1376 learners
    12 X industry demand

Synopsis

Artificial intelligence (AI) is here and is making waves in the financial industry. From sales management to compliance and protection against cybercrime, here is everything you need to know about AI 

On any given day, you as a consumer can carry out transactions online without having to worry about security and if your payment goes through or not. How is this possible?  From shopping online to overseas transfer, emerging tech such as Artificial Intelligence, Blockchain, Cloud has revolutionized the way the Financial industry works. In the past decade, Fintech has seen new dawn with many organizations heavily investing in Artificial Intelligence.

So, what is Artificial Intelligence? Simply put Artificial Intelligence courses are the ability of a machine to learn and process data for insights that impact the business.

It means that a machine is capable of learning on its own and arriving at solutions that can reduce cost and improve the efficiency of any business. In the financial sector, artificial intelligence is involved in every component today. From regulatory compliance to consumer insights, AI is changing the way the Fintech industry functions.

One of the most important aspects of the financial industry is regulatory compliance and cybersecurity. Another facet of this is sales management. As there is a shift in the way things work, it is important for the leaders of organizations to take stock of the benefits and consequences of deploying AI in their company.

Here are the top things that one must be prudent of while hailing in this new technology

Regulatory Compliance

Before Artificial Intelligence, the burden of compliance and authority rested with individuals and professionals who were trained in the field.  This also accounted for human errors, incorrect processing of data, and took a longer
duration of time. With AI, there is minimal human intervention when it comes to regulatory compliance and the machine also takes less time when it comes to analyzing the right data and arriving at a solution.

This will also impact the business drastically and reduce costs. In the financial sector, compliance is something that cannot be compromised on, and thereby use of AI will have a positive impact.

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About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
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