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
[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.
TRENDING NOW
Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Johor property old hand KSL readies family handover amid market boom
As India and China surge ahead with nuclear energy, all eyes on Asean’s next move