Driving the Future of Model Risk in India with AI & Generative AI
On January 21, 2025, Solytics Partners hosted a landmark event on Model Risk Management (MRM) in Mumbai, bringing together senior industry leaders, MRM experts, and risk professionals from India’s top banks, financial institutions, and Global Capability Centers (GCCs).
With a sharp focus on AI, Generative AI, and the evolving MRM landscape, the event provided a platform for knowledge-sharing, collaborative discussions, and deep dives into best practices shaping the future of Model Risk Management in India and beyond.
The overwhelming enthusiasm, engagement, and thought-provoking discussions made this event a resounding success!
Key Highlights from the Event:
1️⃣ Insightful Keynote Address
We had the honor of hosting Agus Sudjianto, Senior Advisor at Solytics Partners and a globally recognized authority on Quantitative Risk and AI, who delivered a powerful keynote on:
- The Future of Model Risk in a World Driven by AI & Generative AI
- Global Convergence in Model Risk Practices
- Regulatory Expectations & Best Practices in MRM Governance
His address set the tone for the day, offering invaluable insights on balancing innovation with risk governance in an AI-driven era.
2️⃣ Engaging Panel Discussion – Future of Model Risk 2025
Our panel discussion featured MRM Heads, CROs, and senior executives from leading banks and financial institutions, sparking engaging conversations on:
- The Evolving Role of AI & Generative AI in Model Governance
- Convergence of Global Best Practices in MRM
- Regulatory Expectations and the Path Forward for Indian Banks
- Automation & Emerging Trends in Risk Management
The panelists brought a wealth of experience, with thought-provoking perspectives on India’s role in shaping the global risk management landscape.
3️⃣ Interactive Workshops – A Hands-on Approach to Model Risk
One of the key takeaways of the event was the highly interactive workshop sessions where participants gained practical expertise in managing AI/ML and Generative AI models.
Key focus areas included:
✅ Building Enhanced Governance Frameworks for AI-driven models
✅ Testing, Validation, and Monitoring Strategies for AI/ML & Gen AI
✅ Navigating Explainability Challenges in High-Stakes Models
✅ Leveraging Automation for Efficient Model Risk Compliance
The high participation and dynamic discussions in these sessions reinforced the growing interest in strengthening governance for AI-driven risk models.
4️⃣ Unparalleled Networking Opportunities
The event facilitated meaningful conversations during the networking lunch, high tea and cocktail, where industry leaders, risk professionals, and AI/ML experts exchanged ideas, discussed challenges, and explored potential collaborations.
The enthusiasm and knowledge-sharing among attendees made it clear—India is set to become a hub for Model Risk Management innovation!
The Road Ahead: Shaping the Future of MRM in India
As AI and Generative AI continue to reshape risk management, it is crucial for organizations to stay ahead of regulatory expectations, adopt best practices, and implement robust risk governance strategies.
Key takeaways from the event:
📌 India is rapidly emerging as a global leader in Model Risk Management
📌 AI & Generative AI governance must be an organizational priority
📌 Automation & advanced analytics are key to MRM evolution
📌 A collaborative approach between regulators, banks, and risk experts is essential for success
At Solytics Partners, we are committed to driving innovation, regulatory excellence, and best-in-class solutions for the financial sector.
Thank You to Our Esteemed Guests & Participants!
We extend our heartfelt gratitude to:
✅ Our keynote speaker, Agus Sudjianto, for his visionary insights
✅ Our esteemed panelists for their valuable contributions
✅ Our attendees and participants for making this event engaging and impactful
We look forward to continuing the conversation and shaping the future of Model Risk Management in India!