1、Adopting generative AI in bankingThomas Kaiser CEO and Co-Founder,Kodex AI Drives innovation in GenAI solutions for regulatory compliance within financial services.Formerly a strategy consultant at BCG,specialising in banking compliance projects,with leadership expertise in platform ecosystems and b
2、usiness development across Europe,Africa,and Asia.Based in Berlin.Boon-Hiong Chan Industry Applied Innovation Lead&Head APAC Market and Technology Advocacy,Securities Services,Deutsche BankProduct builder and advocate specialising in technology and regulatory implications on financial services.Backg
3、round in Computation/AI and Cybersecurity&Policy,based in Singapore.Delane Zahoruiko Founders Associate,Kodex AI Specialises in corporate development and go-to-market strategies for GenAI solutions,with expertise in business operations,big data analytics,and consulting across the US and Europe.Based
4、 in Berlin.www.kodex- 02Adopting generative AI in bankingAdopting generative AI in bankingThis white paper looks at how Generative AI(GenAI)can transform the financial services industry.It shows how GenAI can improve compliance,engage clients better,and manage risks more effectively while helping co
5、mpanies share expertise and bring new solutions to market faster.However,to fully benefit from GenAI,high-quality systems are needed,and it can be tough to tell different AI models apart.The paper explains what makes an AI system good,including the quality of data,the complexity of the system,and cy
6、bersecurity measures.It also covers important tools like Retrieval-Augmented Generation(RAG)and Parameter Efficient Fine Tuning(PEFT),which help reduce mistakes.A step-by-step approach for adopting GenAI is recommended,starting with simple tasks and gradually expanding to more complex uses to ensure