Question

A large financial services company is scaling multiple gen AI projects across departments. Different teams are independently deploying models, choosing their own vendors, and setting their own acceptable-use rules. Leadership is concerned about inconsistent risk handling, duplicated spend, and potential regulatory exposure. What is the MOST effective organizational-level action to address these concerns?

Accepted Answer

Establish a cross-functional AI governance body that sets enterprise-wide policies, approval processes, and risk standards for all gen AI initiatives

Answer

Require every team to fine-tune its own model so outputs are tailored to each department's specific needs

Answer

Allow each department to continue operating independently but ask them to submit quarterly usage reports for review

Answer

Consolidate all gen AI work under a single engineering team that builds every solution to guarantee technical consistency