{"id":17056,"date":"2024-02-27T13:20:55","date_gmt":"2024-02-27T13:20:55","guid":{"rendered":"https:\/\/mapfintech.com\/?p=17056"},"modified":"2024-03-13T09:34:30","modified_gmt":"2024-03-13T09:34:30","slug":"ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown","status":"publish","type":"post","link":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/","title":{"rendered":"AI: a saviour for finance or catalyst for financial meltdown?"},"content":{"rendered":"<p>In 2023, AI became widely known, raising concerns about its impact on financial stability. Various industry experts shared their insights in a recent article on this subject featured in RegTech Analyst.<\/p>\n<p>George Markides, Senior Manager of the Compliance Support Department at <a href=\"https:\/\/mapfintech.com\/\">MAP FinTech<\/a>, highlighted the historical evolution of financial markets due to technological advancements. He cautioned that AI could introduce greater unpredictability to the financial markets and cited past instances where algorithmic trading had led to disruptions. Despite these concerns, Markides believes that AI can also enhance market efficiency and liquidity, provided regulators and operators implement appropriate safeguards.<\/p>\n<p>Read the full article <a href=\"https:\/\/member.regtechanalyst.com\/could-ai-cause-a-financial-crisis\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2023, AI became widely known, raising concerns about its impact on financial stability. Various industry experts shared their insights in a recent article on this subject featured in RegTech Analyst. George Markides, Senior Manager of the Compliance Support Department at MAP FinTech, highlighted the historical evolution of financial markets due to technological advancements. He cautioned that AI could introduce greater unpredictability to the financial markets and cited past instances&#8230;<\/p>\n","protected":false},"author":5,"featured_media":17057,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[242],"tags":[],"class_list":["post-17056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-media"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AI: a saviour for finance or catalyst for financial meltdown? - \u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider<\/title>\n<meta name=\"description\" content=\"George Markides: AI could introduce greater unpredictability to the financial markets but also enhance market efficiency and liquidity.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AI: a saviour for finance or catalyst for financial meltdown? - \u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider\" \/>\n<meta property=\"og:description\" content=\"George Markides: AI could introduce greater unpredictability to the financial markets but also enhance market efficiency and liquidity.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/\" \/>\n<meta property=\"og:site_name\" content=\"\u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-27T13:20:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-13T09:34:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png\" \/>\n\t<meta property=\"og:image:width\" content=\"585\" \/>\n\t<meta property=\"og:image:height\" content=\"330\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"andreas kililis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mapfintech\" \/>\n<meta name=\"twitter:site\" content=\"@mapfintech\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"andreas kililis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/\"},\"author\":{\"name\":\"andreas kililis\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/person\/9bd319fdae6a0267a5bc69da9db6c02e\"},\"headline\":\"AI: a saviour for finance or catalyst for financial meltdown?\",\"datePublished\":\"2024-02-27T13:20:55+00:00\",\"dateModified\":\"2024-03-13T09:34:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/\"},\"wordCount\":112,\"publisher\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#organization\"},\"image\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png\",\"articleSection\":[\"Media\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/\",\"url\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/\",\"name\":\"AI: a saviour for finance or catalyst for financial meltdown? - \u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider\",\"isPartOf\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png\",\"datePublished\":\"2024-02-27T13:20:55+00:00\",\"dateModified\":\"2024-03-13T09:34:30+00:00\",\"description\":\"George Markides: AI could introduce greater unpredictability to the financial markets but also enhance market efficiency and liquidity.\",\"breadcrumb\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#primaryimage\",\"url\":\"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png\",\"contentUrl\":\"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png\",\"width\":585,\"height\":330,\"caption\":\"AI: a saviour for finance or catalyst for financial meltdown?\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/complyport.com\/transaction-reporting\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AI: a saviour for finance or catalyst for financial meltdown?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#website\",\"url\":\"https:\/\/complyport.com\/transaction-reporting\/\",\"name\":\"\u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider\",\"description\":\"Global Regulatory Reporting Provider for EMIR, MiFIR, ASIC, MAS, etc.\",\"publisher\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/complyport.com\/transaction-reporting\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#organization\",\"name\":\"MAP FinTech\",\"url\":\"https:\/\/complyport.com\/transaction-reporting\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2021\/06\/FinTech-300x300-1.png\",\"contentUrl\":\"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2021\/06\/FinTech-300x300-1.png\",\"width\":300,\"height\":300,\"caption\":\"MAP FinTech\"},\"image\":{\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/x.com\/mapfintech\",\"https:\/\/www.linkedin.com\/company\/map-financial-technologies-ltd\/\",\"https:\/\/www.youtube.com\/channel\/UCvdCWKpPDCEkSvL1j-kaVzw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/person\/9bd319fdae6a0267a5bc69da9db6c02e\",\"name\":\"andreas kililis\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/85f886380fd23e2cdada0e1bb51e7da49e07b18bcd66ef156b4c99214fd89a9c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/85f886380fd23e2cdada0e1bb51e7da49e07b18bcd66ef156b4c99214fd89a9c?s=96&d=mm&r=g\",\"caption\":\"andreas kililis\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"AI: a saviour for finance or catalyst for financial meltdown? - \u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider","description":"George Markides: AI could introduce greater unpredictability to the financial markets but also enhance market efficiency and liquidity.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/","og_locale":"en_US","og_type":"article","og_title":"AI: a saviour for finance or catalyst for financial meltdown? - \u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider","og_description":"George Markides: AI could introduce greater unpredictability to the financial markets but also enhance market efficiency and liquidity.","og_url":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/","og_site_name":"\u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider","article_published_time":"2024-02-27T13:20:55+00:00","article_modified_time":"2024-03-13T09:34:30+00:00","og_image":[{"width":585,"height":330,"url":"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png","type":"image\/png"}],"author":"andreas kililis","twitter_card":"summary_large_image","twitter_creator":"@mapfintech","twitter_site":"@mapfintech","twitter_misc":{"Written by":"andreas kililis","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#article","isPartOf":{"@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/"},"author":{"name":"andreas kililis","@id":"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/person\/9bd319fdae6a0267a5bc69da9db6c02e"},"headline":"AI: a saviour for finance or catalyst for financial meltdown?","datePublished":"2024-02-27T13:20:55+00:00","dateModified":"2024-03-13T09:34:30+00:00","mainEntityOfPage":{"@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/"},"wordCount":112,"publisher":{"@id":"https:\/\/complyport.com\/transaction-reporting\/#organization"},"image":{"@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#primaryimage"},"thumbnailUrl":"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png","articleSection":["Media"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/","url":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/","name":"AI: a saviour for finance or catalyst for financial meltdown? - \u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider","isPartOf":{"@id":"https:\/\/complyport.com\/transaction-reporting\/#website"},"primaryImageOfPage":{"@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#primaryimage"},"image":{"@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#primaryimage"},"thumbnailUrl":"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png","datePublished":"2024-02-27T13:20:55+00:00","dateModified":"2024-03-13T09:34:30+00:00","description":"George Markides: AI could introduce greater unpredictability to the financial markets but also enhance market efficiency and liquidity.","breadcrumb":{"@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#primaryimage","url":"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png","contentUrl":"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2024\/02\/AI-a-saviour-for-finance-or-catalyst-for-financial-meltdown.png","width":585,"height":330,"caption":"AI: a saviour for finance or catalyst for financial meltdown?"},{"@type":"BreadcrumbList","@id":"https:\/\/complyport.com\/transaction-reporting\/ai-a-saviour-for-finance-or-catalyst-for-financial-meltdown\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/complyport.com\/transaction-reporting\/"},{"@type":"ListItem","position":2,"name":"AI: a saviour for finance or catalyst for financial meltdown?"}]},{"@type":"WebSite","@id":"https:\/\/complyport.com\/transaction-reporting\/#website","url":"https:\/\/complyport.com\/transaction-reporting\/","name":"\u039c\u0391\u03a1 FinTech - Global Regulatory Reporting Provider","description":"Global Regulatory Reporting Provider for EMIR, MiFIR, ASIC, MAS, etc.","publisher":{"@id":"https:\/\/complyport.com\/transaction-reporting\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/complyport.com\/transaction-reporting\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/complyport.com\/transaction-reporting\/#organization","name":"MAP FinTech","url":"https:\/\/complyport.com\/transaction-reporting\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/logo\/image\/","url":"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2021\/06\/FinTech-300x300-1.png","contentUrl":"https:\/\/complyport.com\/transaction-reporting\/wp-content\/uploads\/2021\/06\/FinTech-300x300-1.png","width":300,"height":300,"caption":"MAP FinTech"},"image":{"@id":"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/mapfintech","https:\/\/www.linkedin.com\/company\/map-financial-technologies-ltd\/","https:\/\/www.youtube.com\/channel\/UCvdCWKpPDCEkSvL1j-kaVzw"]},{"@type":"Person","@id":"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/person\/9bd319fdae6a0267a5bc69da9db6c02e","name":"andreas kililis","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/complyport.com\/transaction-reporting\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/85f886380fd23e2cdada0e1bb51e7da49e07b18bcd66ef156b4c99214fd89a9c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/85f886380fd23e2cdada0e1bb51e7da49e07b18bcd66ef156b4c99214fd89a9c?s=96&d=mm&r=g","caption":"andreas kililis"}}]}},"_links":{"self":[{"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/posts\/17056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/comments?post=17056"}],"version-history":[{"count":2,"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/posts\/17056\/revisions"}],"predecessor-version":[{"id":17060,"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/posts\/17056\/revisions\/17060"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/media\/17057"}],"wp:attachment":[{"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/media?parent=17056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/categories?post=17056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/complyport.com\/transaction-reporting\/wp-json\/wp\/v2\/tags?post=17056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}