The Shanghai Financial Supervisory Authority issued “Certain Measures to Promote the Application of Artificial Intelligence in the Banking and Insurance Industry in Shanghai”. Among them, it is indicated to coordinate the development and application of the vertical domain model. Support financial institutions to independently develop vertical field models, balance the priorities of models in terms of real-time, accuracy, and interpretability in different application scenarios; adopt a model procurement strategy of “general model background+industry big model implementation” to establish a hierarchical collaborative model architecture combining large models and lightweight models to create a one-stop large model application platform, provide scenario-based templates, and lower the application threshold. Encourage financial institutions to improve artificial intelligence evaluation systems, coordinate industry practices and risk prevention and control requirements, and participate in formulating model evaluation and certification standards.

The Shanghai Financial Supervisory Authority issued “Certain Measures to Promote the Application of Artificial Intelligence in the Banking and Insurance Industry in Shanghai”. Among them, it is indicated to coordinate the development and application of the vertical domain model. Support financial institutions to independently develop vertical field models, balance the priorities of models in terms of real-time, accuracy, and interpretability in different application scenarios; adopt a model procurement strategy of “general model background+industry big model implementation” to establish a hierarchical collaborative model architecture combining large models and lightweight models to create a one-stop large model application platform, provide scenario-based templates, and lower the application threshold. Encourage financial institutions to improve artificial intelligence evaluation systems, coordinate industry practices and risk prevention and control requirements, and participate in formulating model evaluation and certification standards.