bankcarriere.nl

How AI is Transforming Financial Oversight

Nieuws
19-02-2025
Oliver King-Smith
In the rapidly evolving landscape of finance, artificial intelligence (AI) is emerging as a powerful tool for data analysis and fraud detection. Recently, our team was presented with a challenge: to identify potential “problems” in a set of financial data. Armed with an AI-powered specialized data analyst tool, SCOTi®, we embarked on a journey that would reveal the transformative potential of AI in financial analysis.

Uncovering Patterns and Anomalies

As we began to explore the data, patterns quickly emerged. One of the most striking discoveries was the presence of “cliffs” in purchasing prices – unusual concentrations of transactions at specific price points, followed by sharp drop-offs. This raised important questions: Were these patterns indicative of fraud? Were they the result of employees attempting to navigate system constraints? Or had external parties identified optimal pricing strategies?

This observation reminded me of an early career experience at a software company. The founder had priced our graphing software at $495, just below the $500 threshold that typically required additional approval for university grant purchases. This anecdote highlights how seemingly arbitrary pricing decisions can be driven by underlying systemic factors – a concept that AI can help uncover on a much larger scale.

[....]

Lees verder op: The Compliance Digest

Gerelateerde vacatures

Geïnteresseerd in een carrière bij organisaties in ditzelfde vakgebied? Bekijk hieronder de gerelateerde vacatures en vind de perfecte match voor jou!
Top vacature
Nationaal Warmtefonds
3.056 - 4.480
Junior, Medior
HIlversum, hybride
Als Kredietacceptant bij Nationaal Warmtefonds beoordeel je kredietaanvragen en help je klanten met verantwoorde financiering. Je analyseert klantdossiers, communiceert met klanten en draagt bij aan procesverbeteringen. Jouw inzet ondersteunt onze...
KPMG
3.965 - 5.050
Senior
Amstelveen
Als Senior Consultant Strategy & Operations - Financial Services bij KPMG help je banken, verzekeraars en vastgoedbedrijven met strategische vraagstukken en transformatieprogramma's. Je coördineert projecten en bent het eerste aanspreekpunt...
KPMG
3.965 - 5.050
Senior
Amstelveen
Als Senior Consultant - Banking & Capital Markets - Strategy & Operations bij KPMG help je banken bij strategische vraagstukken en transformatieprogramma's. Je biedt creatieve oplossingen voor complexe veranderingen, ondersteunt...
KPMG
6.120 - 8.850
Senior
Amstelveen
Als Senior Manager Financial Risk Management (Banking) bij KPMG help je banken hun risicobeheer te optimaliseren op het gebied van kredietrisico, ALM en modelrisicobeheer. Je vertaalt complexe kennis naar waardevolle...