DBS deploys AI-driven ‘Alpha’ squads to blend legal, compliance, risk roles
Against a backdrop of global bank layoffs, the lender is focusing on reskilling and multidisciplinary teams
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[SINGAPORE] Since last July, squads of “multidisciplinary” professionals have been roaming about the legal and compliance halls of DBS under a programme called Alpha.
Despite the name, these are not military units, but teams comprising legal, compliance and financial crime specialists – part of a broader push to break down silos as regulatory work becomes more complex and intertwined.
In practice, each five-member squad – there are 10 of these, or 50 employees in total under Alpha – takes on elements of one another’s roles.
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