October 26,2023

MENA FCCG’s Artificial Intelligence Working Group (AI WG) holds first in-person meeting in UAE

On October 17-18, MENA FCCG’s AI WG held its first in-person meeting in the UAE. The event started with a networking Gala Dinner on Tuesday evening, October 17, followed by a full day workshop the next day. Both, the Gala Dinner and the Summit took place at the Sheraton Dubai Creek Hotel & Towers. Day I, the Gala Dinner provided an opportunity for bringing the WG together and harnessing a relation of trust among its distinctive experts setting the foundation for a productive workshop the next day. Rasoul Golparvar, Data Insights and Forensics at Kroll joined the dinner as guest speaker (online).

On day II, AI WG members deliberated key planned actions for 2024 and discussed critical matters including AI use-cases among select members banks as well as the role of Generative AI in enhancing combating financial crime efforts. Umut Gurbuz, Senior Engineer, MEA – DataIKU and Jigar Shah, Director at Sutra Management Consultancies joined day II as guest speakers where they delivered a presentation on the incorporation of AI/ML with a focus on AutoML in Financial Crime Compliance user journeys.  Strategic advisor, Dr. Yoonus C Ahammed, Director, Data Science OPS FCSO Transaction Monitoring at Standard Chartered delivered a presentation titled Charting the FCC’s AI Odyssey: From Rules to Intelligent Solutions.

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