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Role of Artificial Intelligence in Bank’s Asset Management

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Proceedings of International Conference on Intelligent Computing, Information and Control Systems

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1272))

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Abstract

Banking operations have been supported by latest technology-based systems along with the traditional processes which prevailed in earlier banking era. With the large number of smart phone users, there has been a paradigm shift in increasing demand for digital products like mobile banking, Internet banking, E-wallets, etc. A common trend in banking technology is using an application programming interface (API) that enables a third-party application to use an interface through which the customer can access a variety of services. Besides APIs, technologies like blockchain and artificial intelligence (AI) have great impact in changing the face of banking industry. However, this exposes the banks to a variety of cybersecurity threats which may cause service disruptions to the customers. Therefore, this study discusses the pros and cons of these AI techniques along with their scope of application for banks’ asset management.

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Author information

Authors and Affiliations

  1. Finance Department, Lal Bahadur Shastri Institute of Management, New Delhi, India

    Priya Gupta

  2. Finance Department, Apeejay School of Management, New Delhi, India

    Parul Bhatia

Authors
  1. Priya Gupta
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  2. Parul Bhatia
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Corresponding author

Correspondence to Priya Gupta .

Editor information

Editors and Affiliations

  1. Department of Computer Science and Engineering, KGiSL Institute of Technology, Coimbatore, India

    A. Pasumpon Pandian

  2. Department of Business Administration, The Gerald Schwartz School of Business, St. Francis Xavier University, Antigonish, NS, Canada

    Ram Palanisamy

  3. University of Applied Sciences, Aigaleo, Greece

    Klimis Ntalianis

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Gupta, P., Bhatia, P. (2021). Role of Artificial Intelligence in Bank’s Asset Management. In: Pandian, A.P., Palanisamy, R., Ntalianis, K. (eds) Proceedings of International Conference on Intelligent Computing, Information and Control Systems. Advances in Intelligent Systems and Computing, vol 1272. Springer, Singapore. https://doi.org/10.1007/978-981-15-8443-5_13

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