The Global Finance & Technology Network (GFTN) is a not-for-profit organisation established by the Monetary Authority of Singapore (MAS) in 2024 to harness technology and foster innovation for more efficient, resilient, and inclusive financial ecosystems through global partnerships. GFTN organises convening forums, offers advisory services on innovation ecosystems, provides access to transformative digital platforms, and invests in technology startups with the potential for growth and positive social impact through its venture fund.
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The roundtable will focus on discussing key use cases across the financial sector and identifying the underlying common AI components, such as AI models and guardrails. We will explore how different financial institutions could collaborate to build shared AI components for the sector. These common components could enable financial institutions to build their own AI applications more efficiently whilst focusing on differentiated services. This ecosystem approach will reduce duplicate efforts across the industry and speed up the AI adoption.
Director & Head, Financial Infrastructure & Artificial Intelligence Office, Monetary Authority of Singapore
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