Dr. Jeffrey Edwards demos FIRM Risk Intelligence Platform, a system that aggregates risk registers, maps them to regulatory requirements, and links them to macro-economic indicators. The AI Risk Advisor surfaces warning flags and strategic recommendations. Users can query the system with free-form text or talk to a voice-enabled digital replica of Edwards.
Chapters
Hi, my name is Jeffrey Edwards, and I am the founder and CEO of Firm Technologies. And what Firm Technologies is, is a system that really focuses on risk management. And risk management is important these days because we've got a lot of bank failures, a lot of issues within the financial markets. And one thing about risk management that has happened is that the system that we use and the methodology that we use to measure risk hasn't changed in the last 40 years. So I'm here to help usher in a new way of implementing risk management. Introducing my 4-factor risk management implementation. And using my risk intelligence platform, I will show you how risk is being managed through this platform. So if we look at our executive dashboard, we will see all the subsystems that's associated with the platform. Part of the platform has bank Intelligence, Interaction Intelligence, MarketWatch, and a number of— a host of other items that I won't go into detail with now, but there's a lot there behind the scenes. But one thing that you might want to do is actually just kind of go to our AI Risk Advisor. And our AI Risk Advisor gives you an overview of all of the activities and the subsystems within the system itself, and it gives you an understanding of what's going on within your environment. It looks at your risk registers, it looks at all of your risks, it looks at how the risks are allocated to the different regulations, and also how the risks are allocated to external factors within the market, such as macroeconomic indicators and things of that nature. And so, as you can see, our risk advisor has come back, given us a greeting, given us some warning flags, some key insights about our environment, and then it gives you strategic recommendations. And those recommendations are broken out into the different risk factors and also the criticality of those risks. So you have critical risks, you have high risks, You have medium risk, and you have some regulatory citations that's associated with these risks. But let's say that you didn't want to read all of that information. So what you could also do is do some freeform text within the system to ask a question of your desire. And so what I would do is I will ask it, how would You summarize this data more effectively. And when I do that, it'll think for a while and it will go through and it should give us a summary of the data that we just received because it was a lot to kind of go through. So this will even summarize it down even more for us. And as you can see, it has summarized the data, gone through and looked at it from a firm lens, as well as any other immediate terms and KRIs and KPIs, and also any regulatory advisories that's present. But let's say that you wanted even more information. Let's say you wanted to hear it from the horse's mouth, which would be me. Then what you could do is you could go to my digital mind, which is a voice-enabled conversation with me through the digital mind. And what we will do is we will start our conversation.
Greetings and welcome. I am the digital mind of Dr. Jeffrey Edwards. And I am here to provide you with information regarding FIRM. How may I help you today?
Hi, can you tell me information about FIRM Technologies?
