35,000 bankers are being retrained as part of the AI ​​boot camp in Singapore

Kelvin Chiang knew that the five agent AI models his team had developed could do in 10 minutes what once took a private banker a day to do. Once this was done, he demonstrated to Singapore’s banking regulator that the safeguards would adequately control risks.

Before launching the tool, which creates documents for relationship managers in the private wealth division of Oversea-Chinese Banking Corp (OCBC), he led his team of data scientists a kilometer through the downtown financial district to the Monetary Authority of Singapore. Chiang highlighted the steps the bank would take if something went wrong with its plans and how employees would react if the system hallucinated.

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