In 2023, a significant increase in AI positions within businesses is anticipated, with many of these roles resembling traditional positions. Nonetheless, there is a surge in creative endeavors that do not necessarily require an engineering background. Boon-Hiong Chan, Managing Director at Deutsche Bank, highlighted the growing interest in innovative product development within the eFinancialCareers community at the Singapore Fintech Festival.
Chan, responsible for managing front workplace securities services, emphasized the pivotal role of his team in pioneering digital assets and conceptual AI. He noted the transition of AI applications from mere “two-dimensional” novelties to indispensable “everyday applications” that redefine performance benchmarks.
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Moreover, Chan revealed a scenario where colleagues from different teams expressed keen interest in AI technology. He mentioned a particular instance where a colleague, despite being from a different department, demonstrated familiarity with AI advancements beyond regular working hours. This led to a collaboration between Chan and a European fintech firm partnered with Deutsche Bank, showcasing a unique synergy between traditional banking and innovative fintech solutions.
While such collaborations are not the norm at Deutsche Bank, this instance serves as a testament to the potential for cross-functional partnerships, enabling individuals with innovative ideas to explore and materialize them. Chan envisions a new era of fostering creativity in the workplace, facilitated by the accessibility of AI that streamlines the process of idea realization.
