Risk AI and resilience in European banking

Explore a collection of insights on digital, analytics, and artificial intelligence and ways to manage related risks, especially within the financial-services context.

Artificial intelligence and analytics can deliver huge benefits for financial services players. However, executives also need to manage the risks associated with digital transformations. This collection of articles provides an overview of our latest thinking and is aimed at helping to guide your important digital transformation decisions.

Featured insights

Close up view of white Greek statues head with a blue background.
Podcast
AI Ethics in today’s world
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Executives and companies can enjoy the benefits of artificial intelligence while also being aware of potential drawbacks and...
Derisking digital and analytics transformations
Article
Derisking digital and analytics transformations
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While the benefits of digitization and advanced analytics are well documented, the risk challenges often remain hidden.
Derisking AI by design: How to build risk management into AI development
Article
Derisking AI by design: How to build risk management into AI development
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The compliance and reputational risks of artificial intelligence pose a challenge to traditional risk-management functions. Derisking...
Demystifying modeling: How quantitative models can—and can’t—explain the world
Article
Demystifying modeling: How quantitative models can—and can’t—explain the world
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The COVID-19 crisis has brought quantitative models to the forefront. Here are some ways that modeling helps us—as long...
Can artificial intelligence help society as much as it helps business?
Article - McKinsey Quarterly
Can artificial intelligence help society as much as it helps business?
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The answer is yes—but only if leaders start embracing technological social responsibility (TSR) as a new business imperative...
Tackling bias in artificial intelligence (and in humans)
Article - MGI Research
Tackling bias in artificial intelligence (and in humans)
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AI has the potential to help humans make fairer decisions—but only if we carefully work toward fairness in AI systems as...
Confronting the risks of artificial intelligence
Article - McKinsey Quarterly
Confronting the risks of artificial intelligence
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With great power comes great responsibility. Organizations can mitigate the risks of applying artificial intelligence and advanced...
Derisking machine learning and artificial intelligence
Article
Derisking machine learning and artificial intelligence
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The added risk brought on by the complexity of machine-learning models can be mitigated by making well-targeted modifications...

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