Answer:
don’t think so. Compliance has a full plate for the next couple of years and while it is an important topic, it is not central to implementation. AI implementation will be very big, but it’s akin to Y2K if you were in banking in 1999. It is a tech issue, but compliance needs to be integrally involved for obvious reasons. Some banks have begun thinking of a CAIO, a Chief AI Officer. There should be a knowledgeable person orchestrating the hub of AI as it reaches loans, ops, investments, compliance and security, to name the key areas.
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