AI does not facilitate financial crime, it helps to fight it.
DataQuest|October 2024
Why and where do AI models, SLMs, synthetic data and recommendation engines work as angels in areas when the devil is always in the details?
Pratima H
AI does not facilitate financial crime, it helps to fight it.

Deepak Chandani is Chief Data Officer, Angel One Limited, which claims to be the largest listed retail stock broking house in India, in terms of active clients on NSE. As a technology-led financial services company providing broking and advisory services, margin funding and distribution of third-party financial products to its clients, this company has made some interesting strides in investing in technology for business growth. It has been tapping Artificial Intelligence, Machine Learning and Data Science and has also built digital properties like Angel One Mobile App, 'ARQ Prime' a rule-based recommendation engine, 'SmartAPI' a free-to-integrate API platform and 'SmartStore' a marketplace for fintech products, learning platform and social forums for nearly 23 million clients. Let's ask Chandani how much risk and returns do these big and bold bets on technology translate into especially when we think of safety, high propensity of commoditisation and data issues.

What's different about Angel One some years back and now- especially with the enhanced role of technology in what you do and how you do it?

Angel One transitioned from a traditional stockbroking firm to a tech-driven fintech platform in 2019, when the company undertook a significant digital transformation. Previously, retail investors were required to visit physical offices for transactions and paperwork. However, Angel One operates as a fintech super app today, providing seamless, automated, and personalised services to users through its digital platform. This shift has made trading and investing easier and faster; and expanded the company's reach to a broader, younger, tech-savvy audience.

Any specific examples?

Diese Geschichte stammt aus der October 2024-Ausgabe von DataQuest.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der October 2024-Ausgabe von DataQuest.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS DATAQUESTAlle anzeigen
Data center trends 2025: Innovation in powering and cooling AI racks, managing energy consumption
DataQuest

Data center trends 2025: Innovation in powering and cooling AI racks, managing energy consumption

Vertiv anticipates increased innovation and integration for high-density computing, regulatory scrutiny around AI, focus on sustainability and cyber security efforts.

time-read
4 Minuten  |
December 2024
The Switzerland of Data and AI a weather-check
DataQuest

The Switzerland of Data and AI a weather-check

It is both remarkable and challenging when crucial R&D work - with global connotations- starts happening in Indian labs. An example- from a Cloud and AI player.

time-read
2 Minuten  |
December 2024
Prioritizing the Impossible: How Genpact's SOC Tackles Cyber Threats
DataQuest

Prioritizing the Impossible: How Genpact's SOC Tackles Cyber Threats

Genpact's Vice President of Global Information Security, Faizul Mufti, discusses the company's multi-layered approach to cybersecurity. By prioritizing incident response, leveraging threat intelligence, and fostering a culture of security, Genpact aims to stay ahead of evolving cyber threats and protect its sensitive data.

time-read
7 Minuten  |
December 2024
Connected, Protected and Sustainable: Cisco's Vision for the Network of Tomorrow
DataQuest

Connected, Protected and Sustainable: Cisco's Vision for the Network of Tomorrow

As organizations face the demands of hybrid work, multi-cloud environments, and sustainable IT, networking is no longer just an infrastructure component― it's the backbone of digital transformation. In this exclusive conversation, Brink Sanders, Vice President of Global Networking Sales at Cisco, discusses how Cisco is helping enterprises navigate these challenges with forwardthinking solutions that blend innovation, security, and adaptability.

time-read
3 Minuten  |
December 2024
Multi-Cloud Mastery: Lessons from a CIO on Choosing the Right Cloud for the Job
DataQuest

Multi-Cloud Mastery: Lessons from a CIO on Choosing the Right Cloud for the Job

In an exclusive interview, Prosenjit Sengupta, Group Chief Digital and Information Officer (CDIO), shares insights on ITC's cloud journey, discussing the challenges, benefits, and best practices of leveraging Azure, AWS, and Google Cloud.

time-read
5 Minuten  |
December 2024
Secure and Simplify SD-Branch Networks
DataQuest

Secure and Simplify SD-Branch Networks

Secure and seamless branch network management is critical in today's IoT-driven, cloud-centric world. A unified SD-Branch solution offers the much-needed convergence of networking and security to tackle modern-day challenges.

time-read
3 Minuten  |
December 2024
Is Your Multi-Cloud Environment Zero-Trust Ready?
DataQuest

Is Your Multi-Cloud Environment Zero-Trust Ready?

Tony Velleca, CEO of CyberProof, a UST company, shared his insights on the challenges of implementing zero-trust security in multi-cloud environments. As organizations navigate the complexities of managing multiple cloud providers, Velleca emphasized the importance of achieving unified visibility, policy enforcement, and continuous monitoring to protect sensitive data and prevent cyber threats.

time-read
5 Minuten  |
December 2024
The Toxic Cloud Trilogy
DataQuest

The Toxic Cloud Trilogy

As Indian organisations increasingly migrate to the cloud, they face a complex and evolving security landscape. Ari Eitan, Director of Research at Tenable, highlights the \"Toxic Cloud Trilogy\" - a convergence of publicly exposed workloads, critical vulnerabilities, and over-privileged identities - as a critical threat to Indian organisations. In this interview, Eitan discusses the unique vulnerabilities of cloud environments, systemic issues preventing organisations from fully addressing weaknesses and practical steps Indian organisations can take to mitigate these risks.

time-read
3 Minuten  |
December 2024
Networking Redefined: The Cisco Vision for a Connected Future
DataQuest

Networking Redefined: The Cisco Vision for a Connected Future

At the sidelines of Cisco Live 2024 in Melbourne, Raymond Janse van Rensburg, Vice President of Networking and Solutions Engineering for APJC at Cisco, engaged in an insightful conversation with Minu Sirsalewala, Executive Editor of Dataquest. During the interaction, he shared about the transformative trends shaping the networking and communication landscape. From AI-driven automation to the evolving dynamics of IoT, Cisco's strategies aim to redefine enterprise connectivity, security, and operational resilience.

time-read
5 Minuten  |
December 2024
HPCL's AI Evolution: From Generative Models to Secure Cloud Integration
DataQuest

HPCL's AI Evolution: From Generative Models to Secure Cloud Integration

Jayant Gupta, Executive Director of Information Systems at Hindustan Petroleum Corporation Limited (HPCL), shares insights on the company's strategic approach to leveraging generative AI, managing hybrid cloud environments, and staying ahead of advancements in emerging technologies.

time-read
4 Minuten  |
December 2024