AI Resilience

How a Firm’s Resilience can be helped with Artificial Intelligence Technology

For a technology solution to assist Operational Resilience, three key features are required:

Actionable Data/Intelligence, Predictability and Speed

Actionable Data / Intelligence

AI is a powerful data analysis tool, allowing the review and analysis of vast amounts of siloed data from multiple sources. Data is “cleaned”, classified and if a risk event is happening, the AI programme will gain insights to evaluate the immediacy and nature of the risk. 

Predictability

Predictive analytic tools and models can provide reliable data prediction by assisting firms identify, explore and determine relevant potential risk events and potential themes and outcomes.

From an operational resilience perspective,  receiving these insights a firm is able to adopt preventative measures, in addition to adapting and managing if issues do arise.

Speed

The Trilogy platform is a collaborative platform, meaning that the right people in the firm will, real-time, be included in the data outputs for each framework, and can review the current situation through the platform.  

Being able to speedily respond helps the firm to demonstrate to regulators and auditors that it is in command and has control of any necessary response co-ordination.

In addition, the ability of artificial intelligence to consistently monitor events triggers dynamic learning which then provides the ability to retrain models, and also predict events.  This ability to predict makes artificial intelligence useful not only for operational resilience and risk reviews, but also “what if” scenarios, which can be used for resilience but also optimising business effectiveness.

Collaborative Platform

The Trilogy platform provides a firm-wide collaborative framework, which provides both useability and efficiency, allowing firms to scale their use of Trilogy, always including the right people and input.