AI inside banks, funds, and fintechs: trading, underwriting, fraud, and the risk that comes with it.
2 stories · Updated
The public imagines AI trading the markets. The real deployment is in the back office, where one bank put a model in front of 200,000 employees, and the job most at risk once trained the next managing director.
The vendor deck shows a real-time, self-forecasting finance function. Most teams that say they use AI use it for admin. The sequence that actually pays runs opposite to the demo: start with the boring, high-volume work.
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