11th Oct -2019 @ 2:30 PM Speaker:Mr. Prahalad Thota Senior Vice President Head of Enterprise Analytics & Data Science Data Management & InsightsWells Fargo & Company, Entitled “Application of AI / ML in Banking / Financial Serv

SPEAKER: Prahalad Thota

Senior Vice President

Head of Enterprise Analytics& Data Science

Data Management & InsightsWells Fargo & Company

TITLE: Application of AI / ML in Banking / Financial Services

DAY & DATE: Friday, Oct 11, 2019

TIME: 02.30 PM (Tea/Coffee at 02.00 PM)

VENUE: Seminar Hall, Department of Management Studies, IISc.

Abstract:

High-level overview of application of AI/ML in banking/ financial services leading into an overview of focus areas for Wells Fargo (WF). How WF is organized to deliver and touch on the AI Model Development Center of Excellence, scope, operating model, model development and validation process. The data and technology stacks WF uses to develop and deploy models. and finally, A bird’s eye view into the life of a data scientist at the bank. Career trajectory from IITM to WF and provide insights into building an exciting and fulfilling career in analytics and data science.

About the Speaker:

Prahalad Thota joined Wells Fargo in 2015 asthehead of Enterprise Analytics& Data Science(EADS), which is the analytics and insights division of Wells Fargo’s Data Management & Insights (DMI). DMIis transforming how Wells Fargo manages and leverages data to empower and inform team members, deliver exceptional customer experiences, and meet elevated regulatory expectations. Prahalad and team are responsible for building and deploying Machine Learning and NLP models through the AI Model Development COE; establishing enterprise platforms, tools, processes and governance for analytics; providing quality review for critical analytic effortsacross the bank; establishing and managing customer and portfolio level metrics for the enterprise; driving enterprise approaches to recruit, develop and retain the analyst community; and leading the Analytic Leadership Council. Prior to Wells Fargo, Prahalad was head of Analytics at Charles Schwab & Co. andheld various analytics, marketing and product management leadership roles at PayPal, Inc., and Capital One Financial Services. Prahalad started his career as a management consultant at Arthur Andersen. Prahalad holds a bachelor’s degree in Aerospace Engineering from the Indian Institute of Technology Madras; amaster’s degree in Aerospace Engineering from Georgia Tech; amaster’s degree in Business Management from the Indian Institute of Management; and a master’s degree in Business (Finance)from Virginia Tech. Prahalad is based out of San Francisco.