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
What makes a good job? Feeling that you matter
Faishal Ibrahim resigns over online messages with a female member of the public
When the disruptor gets disrupted: How Chinese open-source AI is eating its own industry
Retail resets: Mall owners reposition shopping centres as Singapore’s consumer landscape evolves