target audience: TECH BUYER Publication date: Mar 2024 - Document type: IDC Perspective - Doc Document number: # US51937624
Artificial Intelligence and Machine Learning in Risk Management Models
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Abstract
This IDC Perspective discusses the benefits and challenges in using risk management models that are developed utilizing AI and ML.
"Taking advantage of AI and ML capabilities in the risk management model development process can produce significant improvements in model quality and timeliness of model results," says Sean O'Malley, research director, IDC Financial Insights' Worldwide Compliance, Fraud, and Risk Analytics Strategies.