There's rapid digital transformation underway in the industry and regulators must get with the game plan while not over-regulating the use of AI.
David Hardoon was formerly at the Monetary Authority of Singapore and is now helping the UnionBank of the Philippines build out its AI strategy.
To keep its asset servicing functions running smoothly, Northern Trust is using technology from performance management analysis software vendor Enlighten to identify available resources.
The vendor plans to use mobile data for KYC in Southeast Asia.
The investment will help Duco grow its staff by about 140 percent and incorporate machine-learning tools into its offering.