DBS Bank: Using Machine Learning to Automate ALM Reporting
Winner of the 2024 Celent Model Risk Manager Award for Model Risk Manager for Data Foundations of AI
Abstract
DBS' self-developed Movement Analyser is an intelligent tool to automate manual operations and bring advanced real time data analytics capabilities to DBS’s asset and liability management process. Using machine learning, it interprets complex and voluminous data sets and accelerate data insights to reduce time to value. The Movement Analyser is embedded into day-to-day liquidity risk reporting operations and has revolutionized the bank’s data investigation and analysis processes, thus resulting in higher efficiency in risk reporting production and increased accuracy of reports fully explained and substantiated by data.
Key Benefits:
• Automation of time-consuming manual processes
• Improved data quality
• Systematic analysis of bank’s ALM positions constantly improved by machine learning
See webinar link below for a video interview with Ronnie Woo, Executive Director, DBS Risk Management.
Related Research
Modernizing Asset Liability Management: Changing Priorities in ALM Technology, Data and Analytics, December 2023
Top Tech Trends Previsory: Risk, 2024 Edition, December 2023
Global Risk IT Priorities & Strategy for 2023-24, November 2023
SAS: Integrating Risk Solutions to Manage Market Volatility, June 2023
The Imperative of Data Management for Banks, July 2023
DBS Bank: Reimagining the Corporate Credit Risk Management Process, March 2022