CFA Society Sri Lanka discusses new roadmap for AI and Big Data adoption for financial institutions

CFA Society Sri Lanka will lead a virtual discussion under the theme “T-Shaped Teams: Organizing to Adopt AI and Big Data at Financial Institutions’ on Wednesday, 13th October 2021 at 3.30 pm onwards SL Time. Anchor

Larry Cao, CFA, Senior Director, Industry Research, CFA Institute will be the main speaker who will present key findings of the CFA Institute research report  of the above topic whilst Chamara Gunetileke CFA Director, CFA Society Sri Lanka and Director Specialized Solutions, Acuity Knowledge Partners will moderate the session, the Society said in  a media release.

Dinesh Warusavitharana CFA, President CFA Society Sri Lanka said that the report mainly identifies a new organisational approach for enabling financial institutions to develop and successfully execute artificial intelligence and big data strategies. Further, it highlights the Leadership Vision and Organizational Change will be Crucial for Successful Artificial Intelligence and Big Data Adoption

The report draws on extensive CFA Institute field research to highlight how investment organisations can put themselves on a path to successful AI and big data adoption. The research highlights successful experiences through the T-shaped team concept, a transformational organisation-wide approach that enables the technology (data science) and investment functions to collaborate to improve investment processes and outcomes.

Critically, the report identifies the role of the innovation function, which sits at the intersection of the technology and investment functions to provide the communication bridge and evaluate proposed projects for their ability to deliver meaningful results to the investment teams. The report offers a how-to menu for investment organizations seeking to build their own T-shaped teams and includes case studies from three asset managers: UOB Asset Management, NN Investment Partners and Man Group.