The Monticello team joined an exciting Risk.net conversation today on the state of Artificial Intelligence (AI) and Machine Learning (ML) in capital markets. Processes and systems within financial services firms are no longer fit for purpose across the Industry and have a need to quickly adapt to today’s complexity in risk and regulatory environments. Financial institutions also have a need for real-time access to reliable and trusted data to be able to respond to unexpected events. Overall AI and ML adoption across the industry has been relatively slow; however, financial crime departments appear to be taking the lead while compliance is not far behind. We look forward to working with our clients to support their digital transformation needs in 2021 and beyond.