Artificial Intelligence for Risk Mitigation in the Financial Industry
Language: English
Published by John Wiley & Sons, 2024
- Hardcover
- New
Seller: moluna, Greven, Germanymoluna
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- Title
- Artificial Intelligence for Risk Mitigation in the Financial Industry
- Author
- Mishra
- Publisher
- John Wiley & Sons
- Publication year
- 2024
- Condition
- New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 1394174713
- ISBN 13
- 9781394174713
This book extensively explores the implementation of AI in the risk mitigation process and provides information for auditing, banking, and financial sectors on how to reduce risk and enhance effective reliability.
The applications of the financial industry incorporate vast volumes of structured and unstructured data to gain insight into the financial and non-financial performance of companies. As a result of exponentially increasing data, auditors and management professionals need to enhance processing capabilities while maintaining the effectiveness and reliability of the risk mitigation process. The risk mitigation and audit procedures are processes involving the progression of activities to “transform inputs into output.” As AI systems continue to grow mainstream, it is difficult to imagine an aspect of risk mitigation in the financial industry that will not require AI-related assurance or AI-assisted advisory services. AI can be used as a strong tool in many ways, like the prevention of fraud, money laundering, and cybercrime, detection of risks and probability of NPAs at early stages, sound lending, etc.
Audience
This is an introductory book that provides insights into the advantages of risk mitigation by the adoption of AI in the financial industry. The subject is not only restricted to individuals like researchers, auditors, and management professionals, but also includes decision-making authorities like the government. This book is a valuable guide to the utilization of AI for risk mitigation and will serve as an important standalone reference for years to come.
"Synopsis" may belong to another edition of this title.
About the Author
Ambrish Kumar Mishra, PhD, is a scholar in the School of Management at Gautam Buddha University in Greater Noida, Uttar Pradesh, India. He obtained his Master’s in banking services from Amity University Noida, India in 2014, and has spent six years in the banking industry teaching and as a mutual fund and GST trainer with the BFSI sector skill council in India. He has published research papers and received various awards in his field of research.
Shweta Anand, PhD, is the dean of the School of Management at Gautam Buddha University in Greater Noida, Uttar Pradesh, India. She earned a PhD in Wealth Management and has 30+ years of experience of which 14 years were in industry. She has won several awards and accolades and has published numerous papers in international and national journals and conferences.
Narayan C. Debnath, PhD, is the Founding Dean of the School of Computing and Information Technology at Eastern International University (EIU), Vietnam where he also serves as the Head of the Department of Software Engineering. He has been the Director of the International Society for Computers and their Applications (ISCA), USA since 2014 as well as serving as a Full Professor of Computer Science at Winona State University, Minnesota, USA for 28 years. He is the author or co-author of more than 500 publications in numerous refereed journals and conference proceedings as well as the editor of several books.
Purvi Pokhariyal, PhD, is the Campus Director at the National Forensic Sciences University of the Delhi Campus, India. She has more than 25 years of academic and industry experience in the field of law and justice administration. She has published about 50 papers in national and international journals and conferences.
Archana Patel, PhD, is an assistant professor at the National Forensic Sciences University, Delhi, India. She completed her PhD in Computer Applications and a PG degree from the National Institute on Technology in Kurukshetra, India in 2020 and 2016, respectively. Dr. Patel has received various awards for her presentation of research work, and published more than 40 papers in peer-reviewed journals and conferences, as well as edited 10 books. Her research interests are in ontological engineering, semantic web, big data, expert systems, and knowledge warehouses.
"About the title" may belong to another edition of this title.
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Moluna GmbH
Engberdingdamm 27
Greven, Germany 48268
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Instructions for revocation/
Standard Business Terms and customer information/ data protection declaration
Revocation right for consumers
(A ‘consumer’ is any natural person who concludes a legal transaction which, to an overwhelming extent, cannot be attributed to either his commercial or independent professional activities.)
Instructions for revocation
Revocation right
You have the right to revoke this contract within one month without specifying any reasons.
The revocation period is one month with effect from the day,
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on which you or a third party nominated by you, which is not the carrier, had taken possession of the products, provided you had ordered one or more products within the scope of a standard order and this/these product/products is/are delivered uniformly;
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In order to exercise your revocation right, you must inform us (Moluna GmbH, Engberdingdamm 27, 48268 Greven, Telephone number: 02571/5 69 89 33, Fax number: 02571/5 69 89 30, E-Mail address: abe@moluna.de) of your decision to revoke this contract by means of a clear declaration (e.g. a letter sent via post, fax or email). You can use the enclosed specimen revocation form for this, which however is not mandatory.
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Specimen - revocation form
(If you wish to revoke the contract, please fill up this form and send it back to us.)
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To Moluna GmbH, Münsterstr. 105, 48268 Greven, Fax number: 02571/5 69 89 30, Email address: abe@moluna.de :
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I/we () herewith revoke the contract concluded by me/ us () regarding the purchase of the following products ()/
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Ordered on ()/ received on ()
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Name of the consumer(s)
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Insofar as you are an entrepreneur, the following shall apply in deviation from the above warranty provisions:
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c) The warranty period shall be one year from delivery of the goods. The shortening of the period shall not apply
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(3) The provisions of the UN Convention on Contracts for the International Sale of Goods are explicitly inapplicable.
II. Customer information
- Identity of the seller
Moluna GmbH
Engberdingdamm 27
48268 Greven
Germany
Telephone: 02571/5698933
E-Mail: abe@moluna.de
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If you are a businessman, the delivery and shipping operations take place at your own risk.
- Statutory warranty right
Liability for defects is governed by the “Warranty” provisions in our General Terms and Conditions of Business (Part I).
last update: 01.01.2022
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last update: 10.01.2022