So, you’ve devised an algorithm, fed it training data, and drawn a threshold. Now what? It's time to determine the accuracy of your AI, a measurement of both effectiveness (the performance of the task) and efficiency (the amount of work needed to achieve a level of performance). Once you’ve determined how accurate your algorithm is, you can begin to fine-tune elements based on the expectations and risk appetite of your institution. By the way, there’s still time to sign up for American Bankers Association Financial Crimes Enforcement Conference! We’ll cover a breadth and depth of ML/AI and many related topics. Please reach out if you have questions. https://aba.social/3p8O2WA Read the full article: https://lnkd.in/gWaRrMQR
SVP, Risk and Customer Markets at American Bankers Association
2 年Always enjoy listening to your presentations! We are thrilled to have you back on the general session stage at next weeks ABA/ABA Financial Crimes Enforcement Conference!