Accelerating Regulatory Compliance with Generative AI

Presented at Open Source In Finance Forum 2023 - NYC
Presented by Michael Shtelma & Brooke Wenig - Databricks, Kabir Rekhi - RBC Capital Markets & Stephen Goldbaum - Morgan Stanley
Title: Accelerating Regulatory Compliance with Generative AI
Abstract: ACCELERATING REGULATORY COMPLIANCE WITH GENERATIVE AI In the fast-paced world of finance, firms are constantly seeking ways to remain competitive through increased automation, accelerated product innovation, and improved operational efficiency. Executives believe that Generative AI will play a significant role in helping Financial Services Institutions (FSI) automate, streamline and become more efficient. To achieve these goals, staying at the cutting edge of deep technological advancements is essential. In this session, we will be discussing the role of generative AI for regulatory compliance and its direct application to open source initiatives like Morphir and Open data models.
Slides can be found here: osff2023.sched.com/event/1PzH...
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I misspoke - GPT4 was trained was 13T tokens, which is approximately 1.2B books