{"id":356,"date":"2021-06-18T09:03:37","date_gmt":"2021-06-18T09:03:37","guid":{"rendered":"https:\/\/website.prod.unilu.spikeseed.cloud\/snt-fr\/news\/how-artificial-intelligence-is-shaping-the-future-of-finance\/"},"modified":"2021-06-18T09:03:37","modified_gmt":"2021-06-18T09:03:37","slug":"how-artificial-intelligence-is-shaping-the-future-of-finance","status":"publish","type":"news","link":"https:\/\/www.uni.lu\/snt-fr\/news\/how-artificial-intelligence-is-shaping-the-future-of-finance\/","title":{"rendered":"How Artificial Intelligence is Shaping the Future of Finance"},"content":{"rendered":"<section class=\"wp-block-unilux-blocks-free-section section\"><div class=\"container xl:max-w-screen-xl\"><p>When it comes to streamlining workflow within a company, artificial intelligence (AI) is increasingly being incorporated to help save precious time on tasks that can be automated. However, AI is by no means a \u2018one-size-fits-all\u2019 solution. Companies need a tailor-made approach that\u2019s going to cater to their specific needs, or otherwise risk incorporating something that\u2019s not fit for purpose.<\/p><p><a href=\"https:\/\/wwwfr.uni.lu\/snt\/people\/domenico_bianculli\" target=\"_self\" title=\"\" rel=\"noopener\">Prof. Domenico Bianculli<\/a>, a chief scientist specialising in software engineering at SnT, has been working with financial regulator CSSF on introducing AI to their processes. Based within the <a href=\"https:\/\/wwwfr.uni.lu\/snt\/research\/software_verification_and_validation_lab\" target=\"_self\" title=\"\" rel=\"noopener\">Software Verficiation and Validation<\/a> research group (SVV), Prof. Bianculli and his team have been helping <a href=\"https:\/\/www.cssf.lu\/en\/\" target=\"_self\" title=\"\" rel=\"noopener\">CSSF<\/a> to automate their compliance checks on financial documents.<\/p><p>In an article with Paperjam, Prof. Bianculli details how AI has changed the finance industry, including some of the more common implementations. He also discusses some of the complications that can arise from introducing AI, as well as what factors need to be prioritised when a tailor-made artificial intelligence is being created.<\/p><p>The full article can be found <a href=\"https:\/\/paperjam.lu\/article\/designing-custom-ai-tools-fit-?utm_medium=email&#038;utm_campaign=2021-06-17-Morning&#038;utm_content=2021-06-17-Morning+CID_9de46b9c5c4a5267c831cede227421ed&#038;utm_source=Newsletter&#038;utm_term=How%20tailor-made%20artificial%20intelligence%20is%20shaping%20the%20future%20of%20finance\" target=\"_self\" title=\"\" rel=\"noopener\">here<\/a>.<\/p><\/div><\/section>","protected":false},"excerpt":{"rendered":"<p>When it comes to streamlining workflow within a company, artificial intelligence (AI) is increasingly being incorporated to help save precious time on tasks that can be automated. However, AI is by no means a \u2018one-size-fits-all\u2019 solution. Companies need a tailor-made approach that\u2019s going to cater to their specific needs, or otherwise risk incorporating something that\u2019s not fit for purpose.<\/p>\n","protected":false},"author":0,"featured_media":357,"template":"","format":"standard","meta":{"featured_image_focal_point":[],"show_featured_caption":false,"ulux_newsletter_groups":"","uluxPostTitle":"","uluxPrePostTitle":"","_trash_the_other_posts":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false},"news-category":[3],"news-topic":[],"organisation":[183],"authorship":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Artificial Intelligence is Shaping the Future of Finance - SnT actualit\u00e9s I Universit\u00e9 du Luxembourg<\/title>\n<meta name=\"description\" content=\"When it comes to streamlining workflow within a company, artificial intelligence (AI) is increasingly being incorporated to help save precious time on tasks that can be automated. 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