This week, we sat down with Dave Trier, VP of Product at ModelOp to discuss the critical importance of AI governance in financial services. We cover the challenges enterprises face in moving AI initiatives from ideation to production, the complexities of compliance in regulated industries, the impact of fragmented systems on operational efficiency, and the significance and surprising lack of AI assurance at the enterprise level.

Our chat also highlighted the need for organizations to adapt to global regulations, balance innovation with governance investments, and establish a minimum viable governance framework to enable effective AI deployment. We close out with actionable opportunities for financial services firms to differentiate themselves through robust governance practices.

Disclaimer: Converge is Convera’s podcast that discusses a range of financial services topics. We want to remind our listeners that the information shared on this podcast is for informational purposes only and should not be considered financial advice. Please note that the opinions expressed on Converge are solely the opinions of the host and the guests, not Convera’s.