With what goal do we want to pursue sustainable development and how do we achieve this goal?
At the Non-Governmental Research and Technology Fund of Gilan Province, we have recognized the importance of using artificial intelligence as a tool for empowerment and improving the performance of financial institutions. AI helps us perform our core tasks such as investment, valuation, and providing credit services to the technology ecosystem with greater accuracy and efficiency.
AI Initiatives:
Data Analysis and Valuation: Using advanced AI technologies for accurate analysis of financial data and valuation of technology companies. Predicting market trends and financial behaviors using AI algorithms. Automation of Credit Processes: Implementing automated systems for evaluating credit applications and reducing the time required for review and approval. Improving organizational efficiency and productivity using AI tools for managing and monitoring credit processes. Investment Services: Providing data-driven financial advice to investors. Using AI to identify new investment opportunities and reduce investment-related risks.
Expected Achievements:
Improved Financial Performance: Reducing costs and increasing efficiency using automated systems. Increasing accuracy and speed in financial transactions and credit services. Increased Investment Attraction: Attracting informed and responsible investors who value sustainability and innovation. Enhanced Reputation and Trust: Increasing transparency and public trust in the fund through the use of artificial intelligence. Values Created for Customers: Risk Reduction: Reducing risks associated with investments and financial collaborations using AI analysis. Increased Transparency and Trust: Providing accurate and transparent reports to customers and increasing their trust in the fund. Service Quality Enhancement: Improving the quality of services provided to customers through automation and process optimization.
Corporate Governance with AI:
Corporate governance using Artificial Intelligence (AI) can create significant improvements in transparency, accountability, and efficiency. AI is capable of analyzing vast amounts of data and identifying illegal or unusual patterns, helping managers make better decisions and prevent corruption. AI systems can provide early warnings about potential risks and improve monitoring of company performance. For example, AI can be used in analyzing financial reports and predicting market changes, helping managers adopt more effective strategies. This approach not only helps improve efficiency and reduce costs but also creates greater trust and transparency in organizations. For further reading, you can refer to the following links: Artificial intelligence in financial services | Deloitte Insights The future of AI in banking | McKinsey The age of AI: Banking's new reality | Accenture
Theoretical Foundations of AI as an Enabler:
Artificial Intelligence as an Enabler refers to a set of technologies and algorithms that help improve and accelerate processes in organizations. These technologies include machine learning, natural language processing, and data analysis, which allow managers and employees to make decisions based on accurate data and advanced analytics. The theoretical basis of AI as an Enabler is founded on the principle that artificial intelligence can increase organizational productivity by automating repetitive and time-consuming tasks, allowing employees to focus on more strategic and creative tasks. For further reading, you can refer to the following links: What Is Artificial Intelligence in Finance? | IBM The future of AI in banking | McKinsey
Artificial Intelligence as an enabler plays a crucial role in improving the performance and efficiency of organizations. This technology can help identify new opportunities, optimize processes, and reduce costs. In financial institutions, AI can be used for analyzing and predicting market behaviors, risk management, and providing more accurate financial advice. Additionally, AI can help increase customer satisfaction through personalized services and improved user experience. Given these advantages, organizations and financial institutions that use AI can gain a significant competitive advantage and emerge as leaders in the market. For further reading, you can refer to the following links: What Is Artificial Intelligence in Finance? | IBM Generative AI value for banking and financial services | PwC
Artificial Intelligence as an enabling tool plays a fundamental role in transforming and improving the performance of the Non-Governmental Research and Technology Fund of Gilan Province. By using this technology, we aim to create new value for customers, increase organizational productivity and efficiency, and achieve sustainable development goals.
