The Central Bank of Brazil announced on Friday, September 30, the creation of an internal group specialized in artificial intelligence. This team will be composed of the bank's employees and will accelerate the integration of AI into the bank's business processes.
The new Data Science and Artificial Intelligence Center of Excellence will be formed as a community-oriented organization that promotes best practices. While advisory, the center will also propose critical guidelines for the governance and development of services involving data science and AI.
In addition to defining these guidelines, the center will suggest specific requirements for generative artificial intelligence products and services that can be applied in the Central Bank. Another of its objectives will be to design a permanent program focused on continuous training in data science and AI for the institution's employees.
Haroldo Cruz, head of the Central Bank's Information Technology department, said the initiative seeks to improve efficiency and productivity in the bank's processes. According to Cruz, the focus will be on the safe and governed use of innovative tools, particularly artificial intelligence.
According to Folha de Sao Paulo, this measure is part of a broader effort by the Central Bank to stay at the forefront of financial technology. The entity recognizes AI's importance in optimizing its operations and ensuring a more effective and agile service.
Implementing artificial intelligence at the Central Bank reflects a growing trend among financial institutions in Brazil and around the world. These entities seek to adapt quickly to technological advances to improve their services and internal processes.
The Central Bank plans to use this group to influence the adoption of new technologies and foster an environment of continuous learning and technological updating within the institution. This measure could position the Central Bank of Brazil as a leader in adopting advanced technologies in the financial sector.
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