On Thursday, May 9, 2024, Colleen Judge and Wimie Hsieh attended a panel discussion with industry leaders on the topic of regulating artificial intelligence (AI). This event was hosted by Women in RegTech NY and Rise, created by Barclays.

The expert speakers included:

• Joyce J. Shen Investment & Operating Partner, Tenfore Holdings
• Kaitlin Asrow, Executive Deputy Superintendent - Research & Innovation,  New York State Department of Financial Services (NYSFD)
• Sarah Wallis, VP Regulatory Operations Program Delivery,  The Financial Industry Regulatory Authority (FINRA)
• Lisa Farkovits, Global Head of Model Risk Management, Barclays
• Mary Kopczynski, Founder & CEO, RegAlytics

And the following topics were addressed:

• What are some of the key current regulations and regulatory frameworks?
• How is AI regulation being created? What are regulators doing & expecting of those they regulate?
• What are the implications for the way technology companies are now building solutions with AI?
• How does this change the way banks think about buy and build with AI?

About Matrix Applications

Matrix Applications is a New York-based fintech service bureau that offers a suite of collateral management, margining and clearing systems for institutional fixed income trading and equities securities lending. We are a team of capital markets and systems professionals delivering financial technology solutions to institutional firms since 2000. We work hands-on with our clients to identify an optimal mix of services to best fit their needs, from systems to back-office operations assistance. With in-house and offshore developers, we provide our clients with the right solution at the right price. Comprised of industry veterans and financial professionals, we leverage our extensive technical experience, a deep network across the finance industry and a team of ops, regulatory and legal gurus to deliver bespoke managed services for firms big and small.