"Integrating Foresight Into Data-Driven Financial Decision-Making Using GenAI" - Powered by SMBC
The panel session discussed SMBC's ongoing efforts to integrate generative AI into data-driven financial decision-making.
Key highlights
Progress and Customer Collaboration:
- Testimony about evolving a prototype to a product within a year.
- Collaboration with customers such as Panasonic for practical applications and feedback.
AI and Digital Engagement:
- Offering digital tools like CFO dashboards for data visualisation.
- Design thinking workshops with customers to address specific challenges and solutions.
Generative AI Applications:
- The use of AI for recommending actions and evaluating their impact.
- Successful co-creation leading to effective domain-specific LLM applications.
Future Perspectives:
- Envisioning AI's role in navigating user thoughts and enhancing decision-making through a concept called "co-intelligence."
- Prototype demonstration of AI assisting with thought navigation and action automation.
Conclusion
By leveraging advanced AI technology, organisations can predict trends, mitigate risks, and create more robust financial strategies, ensuring sustained growth and competitive edge.
Speakers:
- Ishii Shohta, Director, Asia Innovation Centre, Sumitomo Mitsui Banking Corporation (SMBC)
- Mayoran Rajendra, Managing Director and Head, Asia Innovation Center, Sumitomo Mitsui Banking Corporation (SMBC)