Executive summary

Generative artificial intelligence (GenAI) is fast becoming the go-to technology for businesses to navigate complexities in their domains, including financial institutions for credit risk assessment.

The use of Gen AI in credit decisioning was in the spotlight at the recent International Association of Credit Portfolio Managers’ annual fall conference held in Miami, Florida, where CRISIL was a sponsor.

GenAI is reshaping the financial landscape by offering enhanced risk assessment, automation and adaptability, as well as faster and more accurate decision-making - all that amid regulatory tightening, geopolitical uncertainties, fluctuating interest rates and climate risk agendas of governments.

To learn more, contact us at: Contact.CLS@crisil.com