As the financial world becomes more complex, the effectiveness of traditional credit risk models is increasingly challenged. Over time, banks have adopted Artificial Intelligence (AI) and Machine Learning (ML) algorithms to enhance their credit risk management processes.
Sanjay Moolchandani, a distinguished Risk Technology Expert in Banking with close to two decades of rich experience, examines the adoption of AI in banking risk management, giving banks and financial institutions a competitive edge. Sanjay has pioneered and guided technology strategies in banking and is optimistic about the future of AI in banking risk management. His extensive experience and numerous accolades, including a 2024 Global Recognition Award for his contributions to the banking industry and the prestigious Global Leader in Banking & Risk Technology Excellence Award, underscore his authority and insight in this field. Additionally, Sanjay is a Senior Member of IEEE, a distinction held by only ten percent of its members, highlighting his commitment to technological advancement.
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