Regulatory Interest in AI for Surveillance Increasing
Regulators are more engaged with meeting with fintech firms to understand how they can work with AI for compliance.
The possibility of using AI technology for regulatory compliance and surveillance of firms has attracted a lot of interest, and the organizations tasked with monitoring the markets are seeing some benefits.
Joseph Lodato, managing director and global head of compliance surveillance and technology for Guggenheim Partners, said regulators realize they need to know more about the role AI and cognitive technologies play in the regtech space.
“Regulators are focused on this because they want to
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