A few years ago, as conversations about using artificial intelligence (AI) in other financial fields took form, risk professionals hoped the new technology would provide an avenue to automate some of the layers of risk modeling, improving the results while reducing the hours required to perform this task. From then to now, however, that aspect of modern technology hasn’t fully matured in financial and risk models. That’s not to say there haven’t been some developments in risk management AI and machine-learning (ML) over the last few years, though.