Screen LibraryArtificial intelligence in finance : challenges, opportunities and regulatory developments /
"This book provides a comprehensive analysis of the primary challenges, opportunities and regulatory developments associated with the use of artificial intelligence (AI) in the financial sector. It will show that, while AI has the potential to promote a more inclusive and competitive financial...
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| Group Author: | ; |
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| Published: |
Edward Elgar Publishing Limited,
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| Publisher Address: | Cheltenham, UK : |
| Publication Dates: | [2023] |
| Literature type: | Book |
| Language: | English |
| Subjects: | |
| Summary: |
"This book provides a comprehensive analysis of the primary challenges, opportunities and regulatory developments associated with the use of artificial intelligence (AI) in the financial sector. It will show that, while AI has the potential to promote a more inclusive and competitive financial system, the increasing use of AI may bring certain risks and regulatory challenges that need to be addressed by regulators and policymakers. After analysing the technological foundations of AI, the book focuses on the use and regulatory challenges of AI in the banking, capital markets and insurance industries. It also analyses, compares and assesses the different strategies and international approaches that have been adopted to address the challenges raised by the use of AI. The book concludes by providing a holistic and cross-sectoral analysis of the use of AI in the financial sector. The comprehensive, interdisciplinary, and industry-relevant approach adopted in Artificial Intelligence in Finance will provide students, practitioners and academics interested in financial markets with a broad understanding of the challenges and opportunities of AI in the financial sector. Additionally, the comparative and policy-oriented approach also adopted in the book will provide regulators and policymakers with innovative ideas and regulatory solutions that will help them address some of the most critical challenges associated with a new data-driven financial system"-- |
| Carrier Form: | xxiii, 377 pages : illustrations ; 25 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: |
9781803926162 1803926163 |
| Index Number: | K1066 |
| CLC: | F830.49 |
| Call Number: | F830.49/A791-3 |
| Contents: |
Foundations of AI and AI governance -- Foundations of artificial intelligence and machine learning / Explaining explainable AI / Harmony in chaos / Responsible AI / AI governance frameworks for the banking sector / Machine learning, alternative data, and the regulation of consumer credit markets / AI-based consumer credit underwriting / Opportunities and regulatory challenges of AI in capital markets -- The promises and perils of robo-advisers / Regulating AI trading from an AI lifecycle perspective / Opportunities and regulatory challenges of AI in the insurance industry -- Opportunities and use cases of AI in the insurance industry / Regulation of the use of artificial intelligence for investment in the insurance industry / Cross-sectoral issues on the use of AI in the financial sector -- Regulating artificial intelligence in finance and other regulated industries / Bias and discrimination in the use of AI in the financial sector / Interconnectedness and financial stability in the era of artificial intelligence / |