As the global race for Artificial Intelligence (AI) leadership intensifies, India has begun to catch up with countries like United Arab Emirates, South Korea, the United States, Germany, Singapore and Japan in the mainstream adoption of AI-based technologies. The Indian BFSI & NBFC sectors are undergoing a dramatic change with the growing realization of AI’s importance among business leaders and have put them at the forefront of exploring the full enterprise potential of AI use-cases for their businesses.
The applications of emerging technologies in the banking and non-banking sectors has become a critical topic of discussion today. Given that India is serious about digitization, Trescon hosted its 11th global edition of World AI Show which was a dedicated spin-off of the global AI series that focused on business applications of AI in BFSI and NBFC. The conference was held in Mumbai - ‘Financial Capital of India’ to hear what industry leaders had to say about the progress in AI adoption across India’s BFSI & NBFC sectors. On Friday, Mumbai saw top C-level executives such as Inderjit Sehrawat, Managing Director for Kryon; Vivek Zakarde, Head - Analytics, BI & DWH at Reliance General Insurance Company Limited; Dr. Puneet Kaur Kohli, CTO of Manappuram Finance Limited and Sunit Vakharia, CIO for Bank of Baroda Financial Services Limited among other top speakers who came together to break down real-world industry use-cases, workshops and discussions on adoption challenges of AI & RPA for enterprises.
The theme for the conference revolved around “Enabling the Use of AI for the Future of Finance", especially AI’s significant application in areas such as customer experience, automation, fraud and risk management and enterprise digitization growth in the Indian BFSI and NBFC industry.
Few key high-level takeaways from the conference:
World AI Show (BFSI & NBFC) also featured the Big BFSI & NBFC Awards that honoured the top thought-leaders who are bringing about a significant change in their organisations and industries through technology implementation and strategies in applying future technologies.
For more information about the show, visit https://bfsi-india.worldaishow.com.
Conference Partners of World AI Show (BFSI & NBFC) included: Platinum Partner, Kanerika Software; Gold Partners, Boston Limited, Kryon and Spirent Communications; Silver Partner, ManageEngine; Badge Partner, QualityKiosk Technologies Pvt. Ltd.; Premier Bronze Partner, ADVANCE.AI; Bronze Partner, Team Computers Pvt. Ltd; Exhibitors, Finesse Global, NeoSOFT Technologies, Parablu, Inc., Divami Design Labs, Data Semantics; Acxiom Technologies and Bizmetric