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By Hugo LARGUINHO BRÁS, Partner at Reply
In recent months, Generative AI (Gen AI) has emerged as a major topic of interest in the financial services sector. This technology is transforming the industry, providing much-needed flexibility and agility in a landscape marked by regulatory complexity, talent shortages, and administrative burdens. Gen AI not only addresses the productivity gap and enhances operational efficiency and innovation but also offers deep insights into the unstructured data that forms the foundation of financial regulations.
For Chief Compliance Officers, Risk Managers and Internal Auditors, the benefits of Gen AI are particularly significant. One of the primary advantages is its ability to process and analyze large volumes...
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