How AI is transforming the future of lending and credit risk

Leveraging AI and data to enhance credit risk strategies in commercial banking

 

The landscape of credit risk management in European commercial banking is evolving rapidly, driven by the increasing adoption of technology, including AI and automation. However, despite widespread claims of success with the use of digital technology, a significant confidence gap persists.

 

Financial institutions are facing pressures to modernise their credit risk capabilities amid market uncertainties, fluctuating interest rates and broader financial instability. Manual processes and outdated systems slow down credit risk assessments, impacting operational efficiency and decision-making speed. As a result, many banks are increasing their investment in digital technology. AI and automation are at the forefront of this transformation: institutions are exploring “smart” technology, including predictive AI, to detect fraud and streamline credit risk processes.

 

However, challenges remain. Maintaining regulatory compliance is a critical hurdle. As part of this, ensuring data quality and imposing robust data governance are essential: using poor data hinders compliance, increasing the risk of fines and penalties.

 

In addition, many professionals are simply unwilling to trust AI-generated decisions. Many observers argue that AI should not replace human judgment entirely; instead, it should be used as an augmentation tool, enabling analysts to focus on more complex, strategic tasks, with the routine work of analysing risks taken on by machines.

Join us to network with your peers and gain practical insights into the importance of optimising credit risk management through technology. This is an exclusive event and seat numbers are very limited, so apply for your place now.

 

The topics we will explore

 

During the meeting we will focus on questions such as:

 

• What factors have eroded the confidence of many commercial banks in their ability to manage credit risk effectively? Why do they need to embrace technology?
• How can digital technology be harnessed to transform credit management? What roles can automation and AI play?
• Why are some professionals concerned about the use of technology in credit risk management? What are the real concerns and how should these be managed?
• What role should humans play? How can they best partner with technological solutions?
• How can banks be sure that investment in digital technologies designed to manage credit risk will deliver what they promise? What are the main challenges to effective digital transformation?

Who is invited?

 

This breakfast discussion is designed for senior decision makers across the commercial banking sector who wish to discuss the role of data and AI in credit risk management. Delegates will be employed as TR, risk and compliance professionals in large organisations across commercial banking.

 

Be one of 12 senior IT and compliance professionals (such as CIO, CTO, Chief Risk Officer or Head of Compliance) attending this event at Le Plaza in Brussels, Belgium. For any enquiries, please contact Mergim Begolli on 020 8349 6458 or email m.begolli@business-reporter.co.uk.

 

The breakfast is brought to you by nCino and is only for senior executives as described above. Registrations of junior professionals, consultants, solution providers or other sellers to this market won’t be accepted. To be eligible you must be employed by a corporate legal entity such as a private company: if you are a sole trader or in a partnership other than a legally incorporated one, we will be unable to offer you a place.

 

This event is free of charge to attend.

 

When you register, we will ask you for your corporate email address which we will share only with the event sponsor(s). See our privacy policy.