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Generative AI in Operational Risk Management: Harnessing the Future of Finance

#generativeai AI offers opportunities to enhance #operationalriskmanagement #orm through its ability to analyze #unstructureddata, #simulate #risk #scenarios, and #automate tasks. However, integrating this technology into ORM presents challenges, including #dataquality, #interpretability, #performance validation, #ethicalconsiderations, and organizational readiness.