“If you look at all the trends, almost every function of the finance sector requires AI,” Sopnendu Mohanty, the MAS’ chief fintech officer, said at a briefing. There is a “serious challenge” in terms of AI resources around the world, he added.
Singapore is seeking to expand the talent pool for artificial intelligence (AI) and data analytics in the finance sector.
The city-state’s banks and schools will work with the financial regulator on training programmes that incorporate the latest AI developments and trends, the Monetary Authority of Singapore said in a statement on Monday.
