The online course is an introduction to AI in the financial sector and will be composed of three pre-recorded videos of about 30 minutes each. The course begins with foundational Artificial Intelligence (AI) concepts and traces the recent evolution into Generative AI. It then examines critical AI risks, with examples from banking, insurance, and capital markets use cases. Finally, the course explores the fundamentals of the AI Act, including a summary of its key provisions, and how it addresses these identified risks. Each module ends with a short quiz to check understanding.
An Introduction to AI
1.1. Defining AI and Machine Learning
1.2. Evolution of machine learning methods
1.3. Large Language models and Generative AI
AI Risks in Financial Use Cases
2.1. Market and Systemic Risks
2.2. Fairness and Transparency Risks
2.3. Operational and Cyber Risks
AI Act
3.1. Key definitions and scope
3.2. Risk-based regulatory framework
3.3. High-risk systems requirements
3.4. Role of financial supervisors
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