The FSI & AI Hong Kong Summit is set to make its return on 9 April 2025, marking its second edition aimed at navigating the rapidly evolving landscape of artificial intelligence in the financial services industry. As anticipation builds ahead of the event, details about new themes, current programme topics, and an exciting line-up of speakers will be made available in the lead-up to the summit.
The Financial Services Industry (FSI) has been among the early adopters of AI technologies. Applications of AI have already been observed across a variety of functions, including but not limited to customer experience enhancement, fraud detection, investment selection, Know Your Customer (KYC) processes, onboarding, personalisation, security measures, governance, risk management (GRC), credit assessments, underwriting decision-making, and Environmental, Social, and Governance (ESG) considerations.
Despite these advancements, professionals within AI and data roles face significant challenges. Issues concerning trust, ethics, compliance, governance, and the ability to scale technologies rapidly are paramount. With increasing scrutiny on matters of fairness and privacy, there is a pressing need for AI models to be robust, explainable, and validated to ensure they meet regulatory standards.
The FSI & AI Hong Kong Summit aims to serve as an essential platform for AI and data leaders in the Banking, Financial Services, and Insurance sectors, providing a forum to explore the strategic future of AI. The event is designed to facilitate a series of insightful presentations and panel discussions that encourage the responsible acceleration of AI technologies, emphasising the importance of maximising business impact while navigating a heavily regulated environment.
The summit represents a critical convergence point for industry leaders and innovators seeking to harness the potential of AI in a manner that aligns with ethical standards and regulatory compliance, setting the stage for future developments in AI automation for businesses.
Source: Noah Wire Services