The AI revolution is in full swing, with seemingly all enterprises caught up in the excitement.

But a sobering reality confronts BFSI data and tech leaders. Under pressure to deliver quick wins, they struggle with assessing and prioritising truly impactful AI use cases. Even successful pilots often hit a wall when scaled, leaving organisations frustrated and questioning their AI roadmap.

Australia’s BFSI Sector: Unveiling the AI Adoption Gap

• Only 4% have an AI-first vision driving their business strategy, with AI seamlessly integrated throughout their processes.
• 85% struggle with AI skills and talent – nearly half of these organisations have begun to upskill, with no formal program is in place.
• 59% feel that compliance with government regulations needs improvement. – despite all the regulatory mandates.
  Source: Oxford Economics & Cognizant

How can BFSI organisations tackle the key roadblocks to move beyond proof-of-concepts and become AI powerhouses, unlocking efficiency, personalised experiences, and data-driven decision making?

Looking forward to welcoming you to this impactful session where you will be joined by your industry peers for a discussion on immediate steps to take on

• Finding the Right Fit. Uncover best practices for identifying high-impact AI use cases beyond productivity gains, focusing on areas like decision support, cost efficiency and enhancing customer outcomes.
• Building Buy-In. Overcome employee resistance and drive AI adoption through effective communication, training, and keeping “humans in the loop”.
• Responsible AI. Learn strategies to establish clear internal governance guardrails for ethical and responsible AI development, including frameworks for management of errors and liabilities.
• Balancing Compliance & Innovation. Explore ways to navigate the regulatory landscape, including prioritising ‘safer’ use cases, how technology can help compliance efforts, and the conversations that should be had with regulators.