With software an ever present aspect of life and business, companies are now investing large sums of money to develop and test these systems. Yet many still rely on manual processes to verify and validate systems, or adopt highly sophisticated techniques that make sense in theory but fail to work in practice. SnT’s Prof. Domenico Bianculli recently sat down with Paperjam to explain how his research is using artificial intelligence to help businesses and public authorities in Luxembourg develop leaner compliance processes.
The interview was published yesterday as part of Paperjam’s latest Grand Dossier, this installment focusing on Digital Banking and Payment Systems. You can find it here.
In the article Prof. Bianculli explains how each software system operates in a unique environment and requires a tailored solution. He details how his research group is using artificial intelligence to deliver on this approach. For example, in a project with CSSF Luxembourg’s regulator, they are working to develop a tool that will automate compliance checks and flag any critical issues, such as an omission in a document, where human discretion is needed. He concludes by underlining the importance of future-proofing systems during the design process, especially in areas like financial regulation that evolve rapidly and frequently, and how his team is doing that with partners.
Read the piece in full on the Paperjam website here: https://paperjam.lu/article/how-to-develop-a-lean-and-mean