Optimizing Financial Services with AI: Enhancing Risk Management and Strategic Decision Making

EasyChair Preprint no. 13358

Abstract

Artificial Intelligence (AI) is revolutionizing the financial services sector by providing sophisticated tools for risk management and strategic decision making. This paper explores the transformative impact of AI on financial services, highlighting its role in enhancing accuracy, efficiency, and predictive capabilities. AI-driven models and algorithms are increasingly used to assess and mitigate risks, detect fraud, and ensure regulatory compliance, thereby strengthening the overall stability of financial institutions. Additionally, AI facilitates data-driven decision making, enabling financial organizations to make informed strategic choices, optimize operations, and deliver personalized customer experiences. Through a comprehensive review of current AI applications and case studies, this paper illustrates how financial services can leverage AI to achieve operational excellence and maintain a competitive edge in a rapidly evolving landscape.

Keyphrases: decision, making, strategic

@Booklet{EasyChair:13358,
  author = {Emily Carter and Julia Anderson},
  title = {Optimizing Financial Services with AI: Enhancing Risk Management and Strategic Decision Making},
  howpublished = {EasyChair Preprint no. 13358},

  year = {EasyChair, 2024}}