Supervisors use generative AI to tame ‘chaotic’ data

Officials merge credit databases with unstructured reports to sharpen bank oversight, explains Banco de España ex-deputy

Chaotic data

Generative artificial intelligence is being employed by regulators to link credit data with unstructured sources like news reports to help with bank supervision, but experts have cautioned against relying too heavily on the technology.

Margarita Delgado, former deputy governor at the Banco de España, said supervisors are using AI “to put some order amidst the chaos, because the chaos for us is the sizable amount of data we are sitting on”.

This means using generative AI to interlink databases, not

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here