Artificial Intelligence in Banking and Finance

Course description

Unlocking the Power of AI: Transforming Banking, Asset Management, and Insurance

REGISTER NOW & SAVE £170!

Artificial Intelligence (AI) is reshaping the financial services industry at an unprecedented pace. From enhancing customer experiences to optimising investment strategies and mitigating risks, AI offers immense potential for growth and innovation.

This practical one day workshop conducted by 2 senior experts will provide a comprehensive overview of AI, exploring its history, recent advancements, and transformative impact on the financial services sector. We will delve into specific opportunities across banking, asset management, and insurance, examining how AI can be harnessed to drive efficiency, improve decision-making, and create new revenue streams.

This workshop is ideal for executives and managers within banking, asset management, insurance and other financial service companies, seeking to enhance business operations and strategic initiatives and understand the vast opportunities presented by artificial intelligence in order to stay competitive, improve efficiency, and deliver superior customer experiences.

What will you learn

By the end of this workshop you will gain a solid understanding of:

  • The fundamentals of AI, including its different types and applications
  • The latest AI trends and their implications for the financial industry
  • Learn how AI can be used to identify and improve revenues, client experience, operational efficiencies and costs reduction
  • Identify the whole range of opportunities AI creates in banking, asset management and insurance
  • Practical strategies for implementing AI solutions
  • The potential risks and regulatory landscape surrounding AI

Other related programmes offered on in-company basis include:


Main topics covered during this training

  • Background and Scope – History, Predictive and Generative AI (incl. Chat GPT), Risks and Opportunities
  • Recent developments in artificial intelligence
  • Impact and opportunities for Global Banking, Asset Management and Insurance
  • AI opportunities – Implementation and Investment Strategies
  • Next Steps – Risks, Regulatory Implications, Horizon Scanning

Who should attend

  • C-Suite decision makers
  • Portfolio &Fund Managers
  • Heads of Investment & Trading
  • Product Managers responsible for developing and optimising financial products,
  • Digital Transformation Experts who drive technology adoption and innovation, and
  • Heads of Technology/Innovation who provide tools for market trends and data to inform business decisions

This workshop is ideal for executives and managers seeking to understand the vast opportunities presented by artificial intelligence in order to stay competitive, improve efficiency, and deliver superior customer experiences.

 

Artificial Intelligence in Finance - A 1 Day Programme

AI – A background and Scope

  • What is Artificial Intelligence?
  • “Narrow” vs “Broad” AI
  • “Predictive” vs “Generative” AI
  • A history of artificial intelligence
  • Financial Services business functions and AI Risks and opportunities

Recent developments in artificial intelligence

  • Recent development #1 – Data
  • Recent development #2 – Computational power
  • Recent development #3 – Technological / algorithm enhancements
  • Generative artificial intelligence (foundation models / Large Language Models)

Impact and opportunities for Financial Services firms

  • The size of the opportunity
  • Numerous benefits and use cases of AI
  • Opportunities across the full value chain
  • Opportunities across Banking – Market infrastructure, Deposits and lending, Payments, Capital Markets, Risk Management, Research, Modelling and Analytics
  • Opportunities across Asset Management – Portfolio Management and Optimisation, Wealth Management, Risk Management, Market Analytics, Client Management, Modelling and Analytics
  • Opportunities across Insurance – Underwriting and Risk Management, Actuarial Asset Allocations, Liability Management, Modelling and Analytics

AI opportunities – Implementation and Investment Strategies

  • Customer engagement layer
  • Decision making layer
  • Core technology
  • Cloud computing
  • Data management and infrastructure
  • Modern APIs and streaming infrastructure
  • Cybersecurity and control infrastructure
  • Artificial intelligence investment strategy

Next Steps – Risks, Regulatory Implications, Horizon Scanning

  • Banking and Financial Services AI Risks – Transparency, Controls, Oversight
  • Regulatory imperatives for AI within Banking, Investments and Insurance in the US, EMEA and APAC
  • AI Operating model, Talent and Regulation
  • Future advances in AI and Fintech

 

Trainer

The Course Director is an industry advisor and regulatory expert with over 20 years of experience in investment banking, asset management and Regulatory Technology (RegTech). He is an industry expert in Financial Regulation, RegTech, Open Banking, Digital Payments and Payments Systems 

His experience spans strategic regulatory technology, process and platform management, particularly creating future state Open Banking APIs, Payment Platforms, RegTech Big Data platforms, and incorporating Risk and Governance policies (Security, SLAs, etc.), using technology such as HDFS/Hadoop and Scala, and Quantitative analytics and Artificial Intelligence tools like Python and QA libraries. Advanced Order Management Systems skills (Charles River, Thinkfolio). Advanced analysis skills using Excel and Access. He is also experienced in integrating Digital Payments and Payment Gateways with the retail and institutional banking frameworks; Deep expertise in analysing and implementing FinTech lending and asset management models, including Digital Banking and Digital Assets infrastructure (using Blockchain for central banking (CBDCs)), investment banking/retail banking, and supply chain finance;

His in-depth understanding of the whole range of the key technological and regulatory solutions allows him to advise on the best ways to optimise systems and operations to meet industry requirements. 

His recent key engagements include banks such as HSBC, Deutsche Bank, JP Morgan and Barclays and buy-side firms such as T. Rowe Price, Ruffer, Investec Asset Management, and M&G, to name a few. 

He is also a member and advisor of Industry association committees including ESMA, FCA, PRA/Bank of England and SEC.

 

FAQ

We offer banking and finance courses as well as soft skills and business management training. You can either attend an open public course in London or Dubai or arrange customised in-house training to be delivered in any of your offices worldwide.

Most of our public courses are run over 2 full days. Some programmes are offered as a 1 or 3 day training.

In-house training is tailored to client’s requirements and can be organised over 1 day, 2-3 weeks or longer.

Public courses are organised mainly in London and Dubai. Occasionally we organise courses in other centres like Paris or New York. Check our public course calendar for the current list of programmes. We use a range of training venues, all in the centre of the cities and with excellent transport links to the airports and train stations.

In London we use venues in the centre (near Oxford Circus station or in Mayfair) or in the City (near Liverpool Street or Moorgate stations).

In Dubai our courses are organised in one of 4-5* hotels in the Deira district. Once you register we will send you detailed information together with accommodation options if required.

Our in-house courses can be delivered anywhere in the world. We work with over 25 trainers worldwide. Contact us do discuss your requirements. Check our list of available programmes.

Our courses are run in central locations from 9 a.m until 5-5.30 p.m. There are 2 coffee breaks and a lunch break. Lunch is always provided in the venue.

Dress code is smart casual.

All our programmes are taught by senior specialists who have spent many years in their respective sectors, working as senior managers and head of departments, so they understand very well the market and the challenges you are facing.

The experience of our trainers allows us to create very practical programmes, focused on current market trends and challenges. You can be sure that you will gain the knowledge which can be instantly applied in your workplace after the course. You will be analysing real life case studies, take part in group exercises and discussions as well as role plays, whenever applicable.

We want our courses to be as practical and interactive as possible so we limit the number of participants in order to optimise your time with the trainer and allow you to ask questions which are important for you.

In order to understand your requirements and expectations, we will send you a pre-course questionnaire.

You will also receive post-course support so if you have any questions after you left the training, you are welcome to contact us.

There are 2 easy ways to register:

  1. Go to the course of your choice and click Register Now button to fill the registration page
  2. Email us to enquiry@eurekafinancial.com

After you register, we will send you registration confirmation and an invoice so you can arrange the payment. Please note that your place is not confirmed until we receive it.

If you register within Early Bird discount period, there’s limited time to arrange the payment in order to be eligible for the discount. You will find all the details on the invoice.

We don’t advise to make any travel and hotel arrangements until you receive full course confirmation from us.

We will send you venue and course details as soon as possible but most likely about 3-4 weeks prior to the course commencement.

You can pay by:

  • Making a bank transfer
  • Debit/credit card
  • Cheque payable to Eureka Financial Ltd. - only within UK

Just mark preferred paying option on the registration form. Whichever form of payment you choose we will always send you an invoice.

If you pay by card, a 2.2% processing fee will be added. We will send you authorisation form so you can give us your card details.

Included in the price of a public course are:

  • Course tutorial
  • Take away course materials
  • Course Certificate
  • Lunch on the days of the training as well as drinks and snacks throughout the course

The price doesn’t include accommodation, flights, transfers and any additional costs outside of the training venue.

Yes, we always offer Early Bird discount, so the sooner you register the more savings you can make. We also offer group discounts and if you register for 2 or more programmes at the same time.

If you are a full time student or unemployed, we offer a 25% discount of the full price of the training. Student ID or unemployment status confirmation is required to claim this discount.

If you attend one of our courses you will be entitled to a special discount for a year after the last course you attend with us. Also, if you have attended and recommended us to a friend, both you and your friend will receive a special discount. You will receive more information about it after you attend the course.

See our Customer Loyalty Discounts page for more details.

All our courses based in the UK are subject to the VAT charge of 20%. This fee is irrespective of the country of residence of the delegates.

You can, however, claim the VAT back by contacting UK tax office - HMRC, and filling the relevant form, as long as you comply with the following rules:

For Delegates coming from the EU countries

If you represent a registered business in another EU country, you can use the Refund Scheme to reclaim VAT you pay in the UK as long as all of the following apply:

  • You're not registered for VAT in the UK and don't have to, or can't be, registered here
  • You don't have a place of business or a residence in the UK
  • You don't make any supplies in the UK

You can find some more information here. In order to claim the VAT you have to fill Form 65.

For the Delegates from Non EU countries

If you represent a registered business in a non-EU country, you can use the Refund Scheme to reclaim VAT you pay in the UK as long as all of the following apply:

  • You're not registered for VAT in the UK and don't have to, or can't be, registered here
  • You don't have a place of business or a residence in the EU
  • You can only use the Refund Scheme if your own country operates a similar scheme and makes it available to UK businesses. If your country has its own Refund Scheme but doesn't let UK businesses use it, you can't claim under the UK Refund Scheme.
  • You don't make any supplies in the UK

If the following rules apply to you, please fill the 65A form and send it to HMRC.

Webinars

You can cancel your participation up to a month before the course and receive a refund minus 10% of the full course value. Between 2-4 weeks before the course you will be charged 50% cancellation fee and if you cancel less than 2 weeks before the course you can only offer your place to a colleague. Up to 2 weeks before the course you can reregister for another edition for 10% reregistration fee if there is another webinar offered or you can rebook for a course in London by paying the difference in price plus 10% reregistration fee.

Classroom Courses

If there is any official travel restriction or difficulty related to the COVID pandemic around the time of the course we will convert the training into a webinar or offer to attend the next classroom edition at no extra cost.

If you are unable to attend the course, you can either send a replacement at no extra charge or, up to 10 days before the training, you can transfer your booking to another edition within the next 6 months paying administrative fee of 20% of the full course price. For any cancellation requests received between 11 days and 4 weeks from the course we offer 50% refund or reregistration to another edition for 25% of the value of the booking. For any cancellation requests received more than 4 weeks before the course date we will offer a refund less an administration fee of 10% of the full course price.

Cancellations must be made in writing (letter or email) and reach our office four weeks prior to the course date. We regret that only limited refunds can be given after this period as per points above. Non-attendance without any notification will be charged at full rate. Your place on a course is not guaranteed until we receive the payment. All payments must be made in full before the course date.

All our trainers have been working for many years in their respective sectors before they begun to teach so they bring a wealth of practical experience to the classroom.

Most of them used to work for 15 or more years in the financial sector and corporate world, and were holding positions of Directors, VP and Senior Managers. Some of them have published books and have written articles for specialised magazines and newspapers including FT, The Independent, The Times etc. You can find detailed biography of each trainer on the page of the course you want to register for.

Yes, you will receive a Certificate of Attendance at the end of the course you attend.

If you have to apply for a Visa to attend a course in the UK, we will issue a letter to support your application. The letter will be issued only after the payment for the course has been made.

It is delegate’s responsibility to obtain a Visa and failure to do so will not make the participant exempt from the cancellation policy.

Anyone suspected of applying for a training course simply to gain a Visa letter will be reported to their embassy.

We will need the following information to issue an invitation letter:

  • Full name as it appears on your passport
  • Date of birth
  • Passport number
  • Passport issue date
  • Passport expiry date

22 Nov 2024, Online / Virtual

Register by 30 Sep to save £170

Early bird price £925 + VAT

Regular price £1095 + VAT


BOOKINGS CLOSE BY 8 NOV! 10% discount for 3 people. There is no VAT fee for companies based outside of the UK.


This topic can be arranged on in-house basis. If you have a group of 4 or more we can customise it and deliver in any location worldwide. Contact us to discuss your requirements


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