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TSAM in NYC highlights the potential of AI in compliance

Written by Allison Lagosh | Nov 9, 2023 3:40:20 PM

I was pleased to represent Saifr at The Summit for Asset Management (TSAM) in NYC last week. TSAM targets asset managers, investment managers, wealth professionals, and advisors, providing an opportunity for the community to discuss the latest challenges as well as the evolving technology and regulatory landscape.

Last year I attended TSAM for the first time in my home city of Boston. At that event, a Saifr client was a panelist and talked about working with us. Given the interest from the audience last year, Saifr was excited to attend this year. A few members of our team traveled to NYC to staff our booth and be on stage. It was a great event that just so happened to be on Halloween, so though we didn’t wear our Halloween costumes, we did hand out Saifr candy.

My colleague Stu Schwartz and I hosted a roundtable discussion titled “Regulatory Roundup and AI Concerns.” There was great engagement and plentiful questions around how Saifr uses artificial intelligence (AI) to help address timely compliance concerns, including the SEC marketing rule and the SEC’s proposal on AI conflicts of interest with predictive analytics. Additionally, we fielded questions about how Saifr might support upcoming regulations such as those for ESG and crypto. Attendees appeared energized to learn about all the ways that AI tools like Saifr can help with some of their pain points.

Ebook → AI insights survey: Adopters, skeptics, and why it matters.

Saifr’s co-founder and CEO, Vall Herard, was a speaker on the lively afternoon panel that included other industry thought leaders from Nuveen, Paradigm Asset Management, and Marathon Asset Management. The session discussed integrating generative AI and machine learning (ML) into businesses on a quest for alpha. Vall engaged the audience by breaking down and demystifying the confusion around some AI concepts. He also helped the audience understand how they might incorporate AI to increase efficiencies throughout their firms.

In addition to the sessions, we had a lot of traffic at the Saifr booth. It was great to see familiar faces from the NSCP National Conference, which was held in Dallas just a few weeks before. It was also wonderful to meet new folks and show them what we can do.

Overall, TSAM New York was a success.

 

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