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Showing posts with the label Data

AI and Data Governance, Non-negotiable in Finance

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AI and Data Governance The New Non Negotiable in Finance: Integrating AI into finance makes Data Governance non-negotiable. While data has always been the core asset, AI's exponential demands such as velocity, volume, and variety, require a foundational governance. A directed data governance framework serves as the control plane and system of record for all AI-driven operations. This framework is essential for maintaining data integrity, security, and lineage, ensuring model auditability and regulatory compliance, and ultimately, maximizing the return on investment (ROI) from AI technology. Regulatory Reality: Regulators are no longer asking if you have AI governance, they are demanding to see it in action. For example, the EU's new AI Act establishes comprehensive, risk-based rules that directly impact financial institutions operating in the Euro area. Chapter vii is all about governance. Why Financial AI Demands Specialized Gove...
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AI Agents - A leap from Automation to Autonomous systems Artificial Intelligence has been a driving force in reshaping our daily lives and work environments. It is hard to imagine a world without the influence of AI, from the subtle convenience of recommendation algorithms suggesting what movie we might enjoy next, to the creative marvel of generative art that challenges our perception of creativity and artistry. The journey of AI has been rapid and constantly evolving and expanding its capabilities. What Are AI Agents? In contrast to traditional AI systems that mainly respond to specific commands or perform tasks they are explicitly programmed for, AI agents are designed to autonomously pursue objectives and handle complex tasks for users. These agents possess a higher degree of independence, utilizing reasoning, planning, and memory to continuously learn and adapt over time. These agents represent a leap...
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Agent-to-Agent (A2A) Interactions in Payment Automation In our increasingly digital world, the concept of automation is no longer new. But what happens when automation becomes intelligent, capable of not just following rules, but initiating, negotiating, and completing tasks autonomously with other automated systems? This is the core of Agent-to-Agent (A2A) interactions . A2A refers to digital agents – sophisticated AI programs – communicating and transacting directly with each other, with minimal or no human intervention. These agents are programmed with specific goals and decision-making capabilities, allowing them to collaborate, exchange data, and execute agreements in real-time. Imagine a world where your inventory management system could autonomously order supplies from a supplier's sales system, complete with price negotiation and immediate payment. This is the promise of A2A. It is about creating a truly seamless, intelligent, and...

Your Data, Your Rights: What is it about Data Privacy

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Your Data, Your Rights: Navigating the World of Data Privacy Your Data, Your Rights: What is it about Data Privacy In today's highly-connected world, data is constantly being generated, shared, and analyzed. Be it our online shopping habits or social media posts, every digital footprint we leave behind tells a story. But who owns that story? And how do we protect it? That is where the crucial concept of data privacy comes into play. It is not just a technicality; it is a fundamental right, yes, your right. Data privacy is about giving individuals control over their personal information. It's about ensuring that we know what data is being collected, why it is being collected, and how it is being used. It is about having the power to say "No" when we're not comfortable with how our data is being used. Think about it, your medical records, your financial information, even your holiday photos and videos – these are all p...