Presented by Big Data and Analytics Committee
May 24, 2017
11:00 a.m. - 1:00 p.m. Meeting
An Inside Look Into Cognitive Intelligence and Its Future Impact on the Financial Services Industry
Machine learning, artificial intelligence and cognitive intelligence are all buzz words today, but do we really understand how these capabilities will transform our society and life as we know it? Join the NVTC Big Data & Analytics Committee in exploring real-life use cases for machine learning and the impact cognitive intelligence will have on the financial services industry.
More than ever in history, financial institutions are under intense scrutiny in today's highly-regulated market. Firms need to embrace new innovative and disruptive technologies to help them more effectively manage risk and compliance. In light of IBM's recent acquisition of Promontory Financial Group, Dr. Chitra Dorai, IBM Fellow, Master Inventor and CTO for Cognitive Solutions and Services, and Rajiv Chodhari, IBM vice president in Financial Markets and Wealth Management, will discuss the acquisition and share predications around how IBM will leverage Promontory's financial expertise and cognitive intelligence through IBM Watson to impact the financial services market and assist regulators in managing risk more effectively.
Dr. Chitra Dorai
Dr. Chitra Dorai is an IBM Fellow, Master Inventor and, as CTO, is responsible for Cognitive Solutions and Services in IBM's Global Business Services. She has received numerous awards and recognition for her groundbreaking research and client-facing work in banking, financial markets, and media and entertainment industries over the last 25 years. She was a recipient of IBM's highest honor in 2011, the Gerstner Award for Client Excellence, was recognized as an IBM Distinguished Engineer in 2012 and was appointed as an IBM Fellow, the company's highest technical honor in 2015. Her work on customer-focused analytics in mortgage servicing has helped thousands of struggling home owners through various home ownership retention programs and alternative workout options during one of the most challenging times in the U.S. housing market. In 2014, Dr. Dorai received the Tamil American Pioneer Award for Excellence in Finance and Business from the Federation of Tamil Sangams of North America. In 2016, Dr. Dorai was profiled as a "Societal Innovator" in the executive offices of IBM headquarters that showcase IBM employees and the impact they have on the world.
Dr. Dorai received her Ph.D. in computer science at Michigan State University with the Distinguished Academic Achievement Award. She has co-authored over 100 technical papers in IEEE and ACM conferences and journals, edited a book and received five best paper awards at international conferences. She is also the co-inventor of more than 45 patents and has been recognized as a Master Inventor thrice.
Rajiv Chodhari serves as vice president, Financial Markets and Wealth Management, at IBM. Chodhari has 25 years of global experience in the financial and energy markets, private equity, and venture capital. Chodhari is responsible for industry solutions sales for financial markets worldwide at IBM. He strategically engages and consults with customers on the buy and sell sides, and in exchanges and hedge funds in the areas of next-generation trading systems (pre and post trade), risk management, and wealth management solutions. Chodhari is also accountable for IBM's financial market solutions, acquisition strategy and partnership development. Chodhari represents IBM in industry consortiums, regulatory initiatives, key industry events and global conferences. Prior to his current role, Chodhari has held several leadership positions at Goldman Sachs and Koch Industries.
Location Sponsor: Fairfax County Economic Development Authority
Fairfax County Economic Development Authority
First Floor Conference Room
8300 Boone Boulevard
Member: No Charge
General Audience: No Charge
Member: No Charge
General Audience: No Charge
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