Artificial Intelligence (AI) is revolutionizing the financial industry, providing new tools for efficiency and innovation. This full-day workshop combines theoretical knowledge with practical applications to help participants understand the opportunities and risks of AI in finance. The morning session focuses on AI fundamentals and applications in finance, while the afternoon session provides an overview of risks and opportunities as well as hands-on experience with practical cases such as credit scoring. Join us to deepen your knowledge and skills in leveraging AI for financial applications.

The objectives of this training are:

• Learning the basics of AI and its relevance to the financial sector.
• Gaining awareness of the implications, risks, and opportunities of AI in finance.
• Engaging in practical case studies to apply AI concepts to real-world financial scenarios.
• Discussing and understanding the ethical and legal considerations as well as best practices for responsible AI deployment.
• Promoting interactive discussions and collaborative learning among participants.

CONTENT

• Welcome and Introduction
  • Overview of the workshop objectives and agenda
• Key concepts
  • Definition and core concepts of AI
  • Basics of data
  • Types of AI systems
  • History of AI
• AI applications
  • AI in general business processes
  • Exercise: task-based automation ?
  • AI in the financial sector: general use cases vs. credit & lending, insurance, payment processing, asset management... ?
  • Models vs. products
• ?Risks ?
  • The basics of AI risks ?
  • Consequences of AI risks: reputational, operational, regulatory, and financial ?
  • Managing AI risks ?
  • Case studies ?
• Regulation ?
  • The AI Act: risk levels, operator roles, obligations ?
  • Other relevant legislation ?
• Interpreting AI outputs ?
  • An interpretation framework for AI outputs ?
  • Exercises ?
• Conclusions ?
  • Summary of key takeaways ?
  • Hands-on recommendations for responsible AI in finance

PRACTICAL INFORMATION

• Duration: 1 day of training (6 class hours)
• Hours: 09:00 to 17:00
• Location: Febelfin Academy: Phoenix building, Koning Albert II-laan/Boulevard du Roi Albert II 19, 1210 Brussels
• Language: This training will be given in English

You follow a ‘Classroom training’ in a group. You, the other participants and the teacher are all present in the same classroom at an agreed time. There is an opportunity for interaction and feedback, both from the participants to the teacher and vice versa. The teaching material consists as a basis of a presentation via the MyFA learning platform, supplemented with various other items (such as digital syllabus, presentation, audiovisual fragments, etc.).

Training material: PowerPoint presentation and additional material  

• For those who wish to go beyond the basics
• Learn in a group, in a motivating and targeted way
• Deepen your knowledge and obtain recognized continuing professional development hours

• Be on time for the training. It’s best to arrive 10 minutes before it starts.
• Unexpected delay? Inform your on-location contact.
• Febelfin Academy’s reception desk can be reached at +32 (0)2 507 69 61.
• We recommend to review the learning material in advance and prepare your questions.

• To receive your (CPD) participation certificate for a classroom training, your presence and active participation are required throughout the entire session. Interaction is key to our trainings.
• Your (CPD) participation certificate will be published on your MyFA account the day following the course.
• Febelfin Academy wishes you a great learning experience.

The training course can be followed by all financial industry professionals.