AAAI Bridge 2023
AI for Financial Institutions
Washington DC, February 8, 2023
Local time: 8:30am - 5:20pm (EST)
Central Europe time: 14:30 - 23:30 (CET)
Aim of this bridge
The aim of this AAAI bridge - organized by the Bank of Italy - is to connect two communities: the AI community and the “Financial Institution Sector” (FINST). The FINST community is populated by authorities, agencies, institutions, and other public entities that play a key role in the economic and/or financial life of their home country. A prime example are central banks, but they are by no means the end of the story: There are Financial/Banking Ombudsmans, Supervision Authorities, Financial Intelligence Units, Privacy Protection Authorities, National Statistics Institutes, and more.
These players of the public sector are in the middle of a surge of interest in AI, and can fruitfully exchange views and experiences via this bridge. They all work on economic/financial issues in which certain peculiar search / reasoning / induction / deduction / optimization / planning problems are becoming of paramount importance, with a growing fit among AI technologies, tools, techniques, and business. Usually, AI innovates FINST processes, but sometimes FINST pushes the boundaries of AI.
We expect that those who traverse the bridge from FINST to AI will discover a powerful arsenal of new and possibly unfamiliar AI techniques, described and discussed by leading experts in the field: They will likely be surprised by the reach and variety of what state-of-the-art AI has to offer, beyond the established ML approaches that have seen large adoption as of late. Those who cross the bridge the other way around will get exposed to a surprisingly rich domain, with a lot of opportunities for the application of a wide range of AI techniques on both existing and developing use-cases.
Note: This bridge aims to foster collaboration and a productive exchange of ideas and experiences among public entities with an economic role; conversely, if you work for an investment or retail bank, an insurance company, a financial intermediary, or any other private market player, you will find a suitable forum in the companion AAAI-23 bridge titled “AI for Financial Services”, to which you are encouraged to submit.