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BNY Mellon banks on AI to improve master data

CIO Business Intelligence

Data about who owes how much to whom is at the core of any bank’s business. At Bank of New York Mellon, that focus on data shows up in the org chart too. Chief Data Officer Eric Hirschhorn reports directly to the bank’s CIO and head of engineering, Bridget Engle, who also oversees CIOs for each of the bank’s business lines.

Banking 122
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Will enterprises soon keep their best gen AI use cases under wraps?

CIO Business Intelligence

“Suddenly, you can create engaging customer-facing videos at the click of a button,” says Oliver Banks, retail consultant and author of Driving Retail Transformation: How to navigate disruption and change. The new ads were created very quickly,” says Banks. And unit tests are too tedious for humans to build reliably.

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10 generative AI certs and certificate programs to grow your skills

CIO Business Intelligence

The foundational certification covers practical AI skills and knowledge, potential career prospects with AI, the industry’s growing need for AI expertise, practical applications of AI, the business potential of AI, and how to foster AI talent and skills. Cost : $4,000

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Modernizing the mainframe for the digital era

CIO Business Intelligence

I’m a banking technologist,” says the CIO for retail, business, and digital banking at M&T Bank. He’s doing just that on the bank’s IBM Z system mainframes, for which the bank has written some 10 million lines of code over the years. The bank’s use of its mainframes is two-pronged. M&T Bank.

IBM 144
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AI adoption accelerates as enterprise PoCs show productivity gains

CIO Business Intelligence

To be successful, an AI proof of concept (PoC) project also needs to make good business sense, says CIO Vikram Nafde, CIO at Connecticut-based Webster Bank. The cost of implementing and running AI models can be quite high, so you have to be really careful in assessing the business worthiness of AI use cases,” he says.

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How CIOs reinterpret their role through AI

CIO Business Intelligence

As businesses digitally transform, technology is increasingly integrated into every activity, and the CIO is becoming more of a catalyst for data-driven value creation through analytics, new AI model training, software development, automation, vendor engagement, and more. The first step in this transformation was organizational.

Banking 88
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OneFamily’s response to the data quality question

CIO Business Intelligence

Having been in financial services for almost 25 years, O’Sullivan spent his first 11 years at Citigroup, which was then the biggest bank in the world, claiming it had more software developers than Microsoft. On digital transformation: My general observations are first being clear on business outcomes.

Data 99