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[Interview] Beyond Technology to Trust: Financial Sector Proactively Builds AI Risk Management Systems

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Woodo Nam, COO of the Seoul Branch of Deutsche Bank, a member company of the Korean-German Chamber of Commerce and Industry (KGCCI), recently shared insights in MTN News on management and control in the age of AI, as well as Deutsche Bank’s proactive approach to building robust systems.

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Woodo Nam, COO of the Seoul Branch of Deutsche Bank, a member company of the Korean-German Chamber of Commerce and Industry (KGCCI), recently shared insights in MTN News on management and control in the age of AI, as well as Deutsche Bank’s proactive approach to building robust systems.

 

With the enactment of the EU AI Act, security and trust have become core values in the financial sector. Deutsche Bank explained that it has established a proactive management and strict control framework for high-risk AI services through its “AI Oversight Forum.” In addition, the bank emphasized that important applications undergo a step-by-step internal review process before implementation.

 

For the full interview, please check out the link.

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