Risk Insights Resource Center

Inside the Mind of a Buy-Side CRO

April 8, 2025

Hear from Peter Mortensen, the chief risk officer of Russell Investments, about inflation volatility, tariffs, liquidity risk, AI threats and ...

The Dangers of AI: Don’t Forget the Human Factor

March 28, 2025

Is AI manipulation by people a larger threat, to both the financial services industry and society at large, than the technology itself becoming ...

Risk Management and the Fifth Industrial Revolution

March 21, 2025

As the relationship between humans and AI evolves, “the way we think about the management and optimization of risk will be transformed.”

Traditional Risks in a Changing Landscape: Navigating Present and Emerging Challenges

March 19, 2025

Budapest: While cyber and technology risks often dominate risk management discussions, organizations must not lose sight of traditional, ...

The Place for Generative AI in Risk Management

March 14, 2025

What are the pros and cons of the next wave of AI? Though technology like ChatGPT is flawed and must always be validated, it is proving its worth in ...

Technology Risk Lessons from the Rise of DeepSeek

February 28, 2025

The rapid ascension of a relatively obscure Chinese AI provider should cause financial institutions and their risk managers to rethink the way they ...

The Six-Letter Word That Unites AI Factions

January 10, 2025

As debates rage over whether artificial intelligence is benign or evil and how it should be regulated, there is unity around the objective of ...

How AI Could Transform Asset Management and Financial Risk

December 13, 2024

AI in finance remains prone to occasional errors, and there is still a lot of room for improvement in communication between different systems. But ...

Managing the Risks of GenAI Models

November 6, 2024

Join us for an insightful discussion with Agus Sudjianto and Arpit Narain on the effective and safe application of Generative AI Models (GenAI). This ...

Generative AI: Trends, Benefits and Risks

October 17, 2024

Hear from Bo Xu, a Principal at Boston Consulting Group (BCG) and a member of GARP’s Risk and AI Advisory Committee, about GenAI use cases and ...

Generative AI Has Made Banking Cheaper - But Has It Made It Better?

September 27, 2024

Large language models, like ChatGPT, have ushered in a new wave of AI that should savebanks time and money, and perhaps mitigate some risk. But there ...

For This Data Scientist and Risk Manager, AI Is a Compelling Next Step

September 6, 2024

“The evolution of my career path” through data, risk and quantitative research brings AllianceBernstein’s Andrew Chin to chief artificial ...

Real-time Customer Decisions in the Age of AI

August 30, 2024

Hear from Terisa Roberts, Global Head of Risk Modeling and Decisioning at SAS and Sarah Murphy, Principal Director of Accenture Data and AI, as we ...

Chief, Czar, or Committee: Who Rules Over AI?

August 16, 2024

For a technology affecting business activities across the board and facing its own set of legal, risk and operational challenges, a chief artificial ...

AI on the Buy Side: Risks, Challenges and Opportunities

July 25, 2024

Nirav Shah, a founding partner at Versor Investments, speaks with GARP editorial director Robert Sales about the pros and cons of artificial ...

A Big Tech Arms Race Is Fueling the AI Boom. Are Productivity Gains or Business Efficiencies in Sight?

July 3, 2024

Some of the billions of investment dollars make their way into risk and other enterprise-level solutions, but the big payoffs will take time to ...

Evolving AI: Threats and Opportunities

June 28, 2024

Financial institutions are clearly benefitting from machine learning and generative AI, but a recent academic research paper shed some light on a new ...

The Potential Impact of Generative AI on Risk Careers: A Q&A with Michelle Liposky

May 31, 2024

The latest innovation in AI continues to transform the day-to-day jobs of risk managers. In which risk areas has generative AI gained traction, and ...

Harness the Power of AI With GARP’s New Risk and AI (RAI™) Certificate

May 28, 2024

As organizations integrate AI into their operations and business strategies, it’s critical for business leaders, risk managers, and young ...

How Extreme – and How Manageable – Are the Risks of AI?

May 17, 2024

Concerns are voiced about excessive energy consumption, biases, privacy invasions, and even the fate of humankind. “Responsible AI” alone won’t ...

Risk Management and Generative AI: A Matter of Urgency

March 15, 2024

Identifying safeguards as risks come into view.

Pros and Cons of Generative AI: A Quantitative Analysis

March 1, 2024

Artificial intelligence is changing the risk modeling landscape. Financial institutions are evaluating whether they can gain an edge through the ...

Will ChatGPT Break Financial Markets?

January 26, 2024

Generative AI models have the potential to alter the trading landscape significantly. Risk managers have learned lessons from the dramatic impact of ...

AI Risk: The Inefficiencies of Existing Oversight, and What FRMs Can Learn From Science Fiction

December 22, 2023

Regulations and government guidelines for AI are flawed and do not address the key risks presented by this complex, fast-evolving technology. ...

How Generative AI Can Solve a Traditional Risk Modeling Problem

December 8, 2023

Financial risk modelers are now using generative AI to work more efficiently. Though the technology is still not yet fully developed, modelers can ...

Artificial Intelligence and the Revolution in Financial Crimes Compliance

November 22, 2023

Federated machine learning can enable companies to detect financial crime at a lower cost without sharing their data. Gary M. Shiffman, Shelly ...

To Combat Money Laundering, AI Tools Come Off the Shelf and In the Cloud

November 10, 2023

Weapons for fighting financial crime and fraud are increasingly powerful and accessible, but they must be well orchestrated to be effective.

AI, ML, Blockchain, Crypto and CBDCs: Risks and Opportunities of Disruptive Tech

October 30, 2023

Hear from Wall Street veteran and author Aaron Brown about the impact of fast-evolving technology on risk management. Financial institutions are now ...

Harm Reduction: A Strategy to Mitigate the Risks of AI

October 27, 2023

AI advancements have brought a lot of potential benefits to the financial system, but also come with risks. To minimize the impact of negative ...

Generative AI: The Next Wave in Credit Assessment?

October 13, 2023

Banks must now consider how the latest advancement in AI can help risk analysts measure consumer and corporate credit.

Transforming Risk Management with Generative AI

October 6, 2023

The next generation of AI is not flawless, but could very well be used to identify and rank threats, democratize data and analytics, and improve ...

Large Language Models, Security and Privacy

August 25, 2023

Effective corporate culture and governance practices are paramount, a top information security executive writes.

Does Visualization Improve the Explainability of ML Models?

July 28, 2023

Machine-learning models are being used by more and more financial institutions to improve the accuracy of credit risk forecasts. Sophisticated ...

AI Regulation Is On the Way – But Not So Fast

June 23, 2023

The financial industry faces as much uncertainty and need to prepare as any other. Its regulatory experience may prove to be an asset.

Managing the Risk of Large Language Models Like ChatGPT

June 9, 2023

The fast-moving new technology requires risk assessments and policies that impose necessary control without stifling innovation

AI’s Inroads in Investment Management

May 12, 2023

Signals are cutting through the noise, but there are limitations still to be overcome

AI ‘Digital Workers’ Take on AML, Risk and Compliance Tasks

March 31, 2023

Even as the technology brings relief to overstressed departments, human “boots on the ground” remain indispensable

AI in Banking: Past, Present and Future

January 20, 2023

The growth of artificial intelligence in the financial services industry has been somewhat kept in check by regulators, but risk managers still make ...

To Maximize Artificial Intelligence’s Value, We Have to Let It Do Its Thing. What Could Possibly Go Wrong?

November 23, 2022

Technology subject to real-world laws, contracts and company policies needs elements of human judgment, subject-matter expertise and legal counsel

Machine Learning and Risk Management: A Q&A with Professor John Hull

August 5, 2022

U.S. Seeks Expert Insights on Artificial Intelligence

July 15, 2022

Explainable Machine Learning Models of Consumer Credit Risk

February 24, 2022

In the financial services community, ML models are currently being used for everything from credit underwriting to forecasting to fraud detection and ...

Addressing Bias and Fairness in AI Systems

November 1, 2021

In this episode, we will continue with part three of a four-part series looking at Responsible AI (Listen to part one: Alternative Data in Risk ...

Explainable/Interpretable AI

October 4, 2021

In this episode, we will continue with part two of a four-part series looking at Responsible AI (Listen to part one: Alternative Data in Risk ...

Predicting VIX with Adaptive Machine Learning

July 8, 2021

Can the power of machine learning be harnessed to forecast the daily CBOE implied volatility index? Yunfei Bai and Charlie X. Cai answer this ...

Machine Learning Predictions of Credit and Equity Risk Premia

May 6, 2021

The emergence of algorithmic high-frequency trading has given rise to new AI-driven methodologies for predicting credit risk. The University of ...

Big Data and AI: Impact and Opportunities for the Financial Risk Space 

April 12, 2021

Artificial intelligence and machine learning are transforming the ways in which financial institutions manage risk. Driven by a proliferation of data ...

Model Risk Management in the Age of AI and ML

July 7, 2019

For the second half of our focus on Model Risk Management, we spoke with Tomasz Mostowski and Luther Klein from Accenture about the impacts of ...

Transforming Trade Finance Compliance Through Machine Learning and Natural Langu

May 29, 2019

At the SAS Global Forum, we caught up with Valeria Sica, Managing Director, Head of Global Trade Services and Jake Jacobson, Technology Advisory ...

Operationalizing AI and Risk

April 4, 2019

Over the years, GARP and SAS have worked together many times to bring to risk practitioners unique insights on a variety of topics related to ...