The 15th Symposium on Risk Management and Business Intelligence 2024, held on March 23, 2024, was a resounding success. Esteemed industry leaders converged to explore the transformative potential of Generative AI and Business Innovations.

The event commenced with a warm welcome speech from Prof. Ki Ling Cheung, RMBI Program Director, setting the stage for insightful discussions. Industry leaders from Microsoft, Google, Alibaba, Bloomberg, and ThinkCol Transfer shared their expertise, emphasizing practical applications and responsible AI practices. Here are the highlights from our distinguished speakers:

Mr. Fred Sheu, National Technology Officer, Microsoft Hong Kong:

Fred reminded us that AI models must embody fairness, safety, and inclusivity, Microsoft emphasized the need to develop AI systems while adhering to data privacy and security laws. Bias-free AI, transparency, and human accountability for AI outcomes were key points. The audience was amazed by the rapid document summarization demonstration. The efficiency and accuracy with which complex information was distilled into concise summaries left everyone amazed and inspired. 

Mr. Michael Yue, Managing Director and General Manager, Google Hong Kong:

Michael shared Google’s commitment to using AI for social good, spanning healthcare, climate, and city planning. Responsible AI practices and collaborative ecosystem efforts were underscored. Their framework focused on knowledge enhancement, creativity boost, innovation enablement, and responsible AI deployment. Generative experiences enhance context understanding and accuracy.

Mr. Leo Liu, Vice President, International Business
General Manager, North APAC Region, Alibaba Cloud Intelligence International

Leo Introduced Alibaba Cloud’s open-source models, they harnessed internet-wide data to provide flexible and cost-effective ideas from the public sector. Maximizing data value through model size optimization was a key takeaway.

Mr. Kenny Chong, APAC Equity Derivatives Market Specialist, Bloomberg L.P.

Mr. Mark Teo, Global AI Product Manager, Communications Analytics, Bloomberg L.P.

Kenny and Mark revealed what traders and salespeople engage with daily with a captivating demo. They also advised that proficiency in programming and data manipulation is essential for transforming raw data into actionable trading ideas.

Mr. Kane Wu, CEO and Founder, ThinkCol Transform

Kane explained practical application of generative AI through various projects including an Internal Document Search Bot. Connecting large language models, it empowers employees to query and comprehend internal policies effectively.

Panel Discussion

During the panel discussion, Professor Jean Wang, RMBI UG Coordinator, and esteemed speakers underscored the growing demand for AI talent within the industry. They emphasized the critical importance of tough skills in AI development. These skills encompass curiosity, integrity, fact-finding abilities, exceptional analytical skills with attention to detail, and a solid understanding of methodologies acquired through university training. Additionally, the ability to persuade and present findings effectively was highlighted as a key attribute for success in this dynamic field.

The Symposium on Risk Management and Business Intelligence 2024 served as a valuable platform for attendees to learn and exchange ideas. Participants gained in-depth knowledge of the latest trends and innovations in risk management and business intelligence. The event vividly showcased the exciting potential of AI to drive business innovation. As professionals and students alike engaged in thought-provoking discussions, they left inspired and motivated to continue pushing the boundaries of AI-driven solutions.