Anand Subramaniam is a data scientist, thought leader and a start-up mentor. He currently spearheads the Artificial Intelligence & Machine Learning services for Banks at Aspire Systems. He brings forth 2 decades of techno functional leadership to actively build Machine Learning models for financial institutions, worldwide. His core competencies include Technology Leadership, Business Architecture, Data Science, Analytics, IOT, Strategic Planning, and Program Management. Anand previously served as VP, India Head of Data Analytics and Business Intelligence practice for Bank of America’s Global Wealth Management business.
Role of AI in Financial Services Industry’s “Red Queen Race”
♦ Current day BFS are still very account centric in nature
♦ BFS has a direct competition from Retail tech giants who attract more customers
♦ So BFS has to be on a Red Queen’s Race to match the competition.
Machine Learning and AI can help BFS not only be in the race, but win it as well.