ProSight AI Use Case Template

ProSight AI Use Case Template

5 Things to Consider When Creating an AI Use Case

In this video, we explore five things to consider when creating an AI use case with Ed DeMarco, Managing Director at ProSight Financial Association and Lori Calhoun, Chief Risk Officer at Dollar Bank. Ed and Lori share their perspectives, as well as real-world examples and best practices related to the five considerations.

  1. Identify your stakeholders
  2. Record your material assumptions
  3. Document all related risks
  4. Conduct your vendor due diligence
  5. Measure success appropriately

More AI Resources from ProSight

The information in our video was distilled from the ProSight AI Use Case Template, a powerful tool designed to help financial institutions assess and document the risks associated with implementing AI solutions.

Created in collaboration with a working group of subject matter experts from 15 banks ranging from community to global institutions, the template provides a structured approach for evaluating AI applications that best fit your business model. It’s a risk-based framework that guides banks and credit unions through critical considerations before adopting AI technologies.

The ProSight AI Use Case Template is available exclusively to ProSight members. Learn more about all the benefits of ProSight Membership.