ADI Podcast Bits: Decoding Finance’s Tomorrow with Shameek Kundu

Embracing the digital wave, we're delighted to have launched our premier PodCast, "Casually Unboxed: Data, AI, and Everything." As a monthly series by Aboitiz Data Innovation (ADI), we're on a mission to demystify the intricacies of data science and AI, making them accessible to everyone - professionals, enthusiasts, and curious minds alike.

ADI's podcast’s initial episode is a captivating dialogue between our CEO, David R. Hardoon, and the visionary Head of Financial Services at Truera, Shameek Kundu.

In this article, we will delve into the essence of the podcast, exploring how Shameek - as the former Group Chief Data Officer at Standard Chartered Bank - analyzes the intricacies of data governance, AI evolution, and the harmonious coexistence of innovation and regulation in finance.

From navigating data management nuances to unveiling the symbiosis of AI and business value, Shameek emphasizes a systematic approach to unleashing the full potential of AI and data.

Key takeaways from this dynamic discussion are as follows:

Continuous Investment in Data Governance:

• It is imperative to have an ongoing and continuous investment in data governance.
• Recognition from CEOs and executives is vital for sustained efforts in data governance to realize long-term benefits.

Evolution in Data Management:

• Shameek highlights positive shifts in data management within the banking industry.
• Examples demonstrate improved data availability and usefulness, contributing to comprehensive insights and enhanced customer experiences.

Linking Foundational Hygiene to Business Value:

• Those steering data governance must establish a clear link between foundational hygiene practices and business value.
• Understanding the impact on business operations and revenue generation is vital for effective data governance.

AI and Data Governance Integration:

• Integrating data governance into AI is relatively easier due to the crucial role of quality data in AI success.
• This integration is argued to be essential for the broader success of AI applications within organizations.

Holistic Perspective on AI Implementation:

• The recommendation is to adopt a holistic perspective on AI implementation, starting with clear business objectives.
• Acknowledging evolving tools and technologies for data management makes certain aspects of AI implementation more accessible, emphasizing a systematic and iterative approach.

Feeling intrigued and eager for more insights? Jump into the full interactive conversation on our PodCast available on YouTube and Spotify. Make sure to follow us on LinkedIn and Facebook to stay updated on upcoming episodes. Seize the opportunity to join us on this exciting expedition! 

About Aboitiz Data Innovation (ADI)

Aboitiz Data Innovation (ADI) stands as a pioneering leader in the data science and AI landscape. We provide transformative AI consulting and data-driven IoT solutions, catering to a diverse range of sectors including banking & financial services, power, and smart cities. With numerous real-time data solutions across various industries, our network includes some of the world's most innovative companies and experts in data science and AI.

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