Empowering Global Banking Through AI-Driven Risk Management: A Practical Framework for Optimization and Methodological Integration |
( Volume 18 Issue 4,April 2024 ) OPEN ACCESS |
Author(s): |
Ramin Abbasov |
Keywords: |
Risk management, Artificial intelligence (AI), Optimization, Global Banking |
Abstract: |
In the current global banking world, AI-driven risk management is the future of risk management and the solution to many challenges affecting the banking sector. This essay explores the practical framework for optimization and methodological integration of AI in risk management in global banking. Financial institutions have found a lasting solution to major risk management problems by integrating AI-driven techniques. The paper also discusses the theoretical foundations of AI optimization techniques and methodological integration. The paper provides real-world examples and actionable recommendations that can guide banking and financial institutions in leveraging AI to strengthen risk management. |
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