Nedbank Group · JSE:NED
Nedbank — Emerge — Nedbank Investment Conference (2024)
22 slides from Nedbank's conference presentation, Sep 10, 2024
Slide 1: Danny Saksenberg
Danny Saksenberg Co-founder and Chief AI Officer of Emerge
Slide 2: Nedbank Investment Conference
Nedbank Investment Conference Danny Saksenberg © 2024 Emerge | www.emergeml.com
Slide 3: AI and its relevance – past, present and future
AI and its relevance – past, present and future Past Present Future “AI has been part of our imaginations and “ChatGPT is incredibly limited, but “There will be two simmering in research labs since a good enough at some things to handful of computer scientists rallied kinds of companies at the creat
Slide 4: What is AI?
What is AI? © 2024 Emerge | www.emergeml.com
Slide 5: AI is about finding patterns in data
What is AI? AI is about finding patterns in data (often a lot more accurately than human beings ) © 2024 Emerge | www.emergeml.com
Slide 6: What value does AI offer?
What value does AI offer? Let’s discuss a few case studies LLMs and agents Banking IFRS Medical Engineering Investment management © 2024 Emerge | www.emergeml.com
Slide 7: ChatGPT, large language models and agents
ChatGPT, large language models and agents © 2024 Emerge | www.emergeml.com
Slide 8: What value does AI offer?
What value does AI offer? Let’s discuss a few case studies LLMs and agents Banking IFRS Medical Engineering Investment management © 2024 Emerge | www.emergeml.com
Slide 9: Banking case studies
Banking case studies 250% 50% Increase in sales conversion Reduction in rate for an insurance campaign cancellations with Cross-sell to existing clients Retention very simple email interventions 42% 20 Improvement in credit defaults Fraud investigators no longer by implementing an AI-based needed to
Slide 10: What value does AI offer?
What value does AI offer? Let’s discuss a few case studies LLMs and agents Banking IFRS Medical Engineering Investment management © 2024 Emerge | www.emergeml.com
Slide 11: IFRS9 case study
IFRS9 case study Q0 Q1 Q2 Q3 Q4 Q5 Accuracy Usage Data input Ginis of SICR: PD goes up Credit bureau greater Curing: PD is equal to or data than 85% goes down © 2024 Emerge | www.emergeml.com
Slide 12: What value does AI offer?
What value does AI offer? Let’s discuss a few case studies LLMs and agents Banking IFRS Medical Engineering Investment management © 2024 Emerge | www.emergeml.com
Slide 13: What are potential applications?
What are potential applications? Screening Diagnosis Treatment Prognosis Compliance Predict Identify Select Determine Pre-empt which which the best which which individuals potential treatment patients are patients will are at patients plan for a likely to have get drug side risk of have a patient wh
Slide 14: What are potential applications?
What are potential applications? Screening Diagnosis Treatment Prognosis Compliance Predict Identify Select Determine Pre-empt which which the best which which individuals potential treatment patients are patients will are at patients plan for a likely to have get drug side risk of have a patient wh
Slide 15: Marfan syndrome
Marfan syndrome Use a selfie to diagnose a genetic syndrome • Working with Yale University on a project to predict aortic aneurysms, we led to an exploration of Marfan Syndrome because about 90% of people with Marfan syndrome develop changes in their heart and blood vessels (Source: Cleveland Clinic
Slide 16: What value does AI offer?
What value does AI offer? Let’s discuss a few case studies LLMs and agents Banking IFRS Medical Engineering Investment management © 2024 Emerge | www.emergeml.com
Slide 17: Engineering case study
Engineering case study Recognition of level of pipe fatigue in steam pipe at coal-fired power plant A silicate replica of the pipe surface was taken and reviewed under a microscope by a skilled metallurgical engineer. 95% accuracy Based on the review, the expected lifetime of the length in matching
Slide 18: What value does AI offer?
What value does AI offer? Let’s discuss a few case studies LLMs and agents Banking IFRS Medical Engineering Investment management © 2024 Emerge | www.emergeml.com
Slide 19: Investment case study
Investment case study Real money track record investing in US large-cap equities using Emerge’s technology (from July 2019 to May 2024) 79% Conservative 300% mandate AI Strategy total returns S&P absolute S&P 500 total returns return Large-cap 262% 250% stocks AI strategy absolute return Highly liqu
Slide 20: What value does AI offer?
What value does AI offer? Let’s discuss a few case studies LLMs and agents Banking IFRS Medical Engineering Investment management © 2024 Emerge | www.emergeml.com
Slide 21: What are the benefits and potential risks?
What are the benefits and potential risks? Benefits Risks • Increased revenue • Privacy issues • Reduced expenses • Skills scarcity • Better compliance • Job losses • Increased efficiency and scalability • Model bias and fairness • Improved customer experience • Lack of explainability • Creating a c
Slide 22: © 2024 Emerge | www.emergeml.com
© 2024 Emerge | www.emergeml.com