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The AI in Business Podcast

Balancing Infrastructure and Data Management in Financial Services - with Sheri Crawford of Scotiabank

Jun 12, 2024
16:49
Snipd AI
Sheri Crawford, Director of Data Governance at Scotiabank, discusses challenges in data management for generative AI in financial services. Topics include transitioning to cloud services, leveraging data and AI, challenges of old systems, and exploring AI infrastructure in financial services.
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Podcast summary created with Snipd AI

Quick takeaways

  • Transitioning from on-premises to cloud solutions helps manage the deluge of data in generative AI use cases.
  • Data governance plays a crucial role in ensuring customer trust, regulatory compliance, and enhancing digital transformations.

Deep dives

Challenges in Infrastructure and Cloud Adoption

The episode delves into the challenges faced by data management teams in driving systems and infrastructure to leverage new data-intensive use cases, particularly in generative AI. Sherry Crawford discusses the shift from traditional on-premises infrastructure to cloud solutions due to the massive amounts of data needing management. Organizations, especially in financial services, are seeking cloud support to scale up quickly, addressing temporary heavy loads and compliance with varied privacy laws.

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