BootstrapLabs AAI18 Panel – Applied AI in FinTech: Faster, Cheaper, Better?

Over the next several weeks we’ll be releasing the videos from the sessions from the BootstrapLabs Applied AI Conference 2018. The yearly conference organized by BootstrapLabs, a leading Venture Capital firm focused on Applied AI, that brings together over 800 members of the Artificial Intelligence community for a day of incredible speakers and exciting conversations.

Moderator: Ash Fontana, Managing Director, Zetta Venture Partners


  • Sangeeta Chakraborty, Chief Customer Officer, Ayasdi
  • Shaunak Khire, Co-Founder and CEO, EmmaAI
  • Ashish Bansal, Sr. Director – Data Science, Capital One
  • Xavier Legros, VP – Product Development & Science , Trusted Insight

During this session, the panelists discussed AI in finance technology, data privacy and security, interpretability of algorithms and the need for a strong relationship with regulators.

Some of the key takeaways from the session are:

  • For AI to deliver value in FinTech, interpretability and explainability are important, you need to be able to prove where your model comes from and have strong documentation.
  • You need to make sure the right controls and processes are in place to ensure data privacy and security.
  • Developing a strong relationship with regulatory agencies is key to make sure your model is unbiased and explainable and be able to influence regulators into adopting better, more complicated models.

About Ash Fontana:
Ash joined Zetta Venture Partners – the first venture capital fund focused on intelligent systems – with Mark Gorenberg at the time it launched. Ash is a board member of and lead investor in companies such as Kaggle, Invenia, Clearbit, Tractable and Focal Systems. Before Zetta, Ash started the money side of AngelList, launching online investing, managing $130M over more than 250 funds, creating the first startup ‘index fund’ and more. Ash previously co-founded Topguest, a Founders Fund-backed company that built customer analytics technology.

About Sangeeta Chakraborty:
Sangeeta is the Chief Customer Officer at Ayasdi. Prior to Ayasdi, Sangeeta built multiple professional services practices across a number of successful startups including Digital Fuel (acquired by VMWare), Inquira (acquired by Oracle) and Interwoven. Sangeeta began her career in consulting with Tata, Fujitsu and Vitria.

About Shaunak Khire:
Shaunak Khire, is the co­founder & CEO of Emma/MANSI, an explainable AI for the financial markets. Shaunak started out as a mobile security consultant at British Telecom focusing on vulnerabilities in bluetooth standards. Previously Shaunak was a Board Member of a private equity backed DMP (data management platform), he has also served on the global board of the Mobile Marketing Association. Shaunak was a part of the Clinton Global Initiative tech & poverty alleviation groups and built the MaghaCGI30 Index a social impact index that weighs constituents based on CSR metrics. He is a contributor for TechCrunch and has been on MIT Technology Review’s 35 under 35 list in 2012.

About Ashish Bansal:
Ashish is a Senior Director of Data Science at Capital One. He uses AI/ML to generate insights from vast amounts of data and build interesting B2B, B2C and Enterprise products. He manages a product portfolio of 5+ products. Prior to Capital One, he co-founded GALE Partners and headed the Machine Learning group, building AI/ML based marketing automation products. He helped the company grow from 9 to 120 and setup the India office. Overall, he has over 18 years of experience in the technology industry, along with an MBA from Kellogg School of Management and B Tech from IIT BHU.

About Xavier Legros:
Xavier is the VP of Product and Science at Trusted Insight. He’s responsible for bringing machine learning to the world of alternative asset management – Currently focusing on VC and Credit Markets. He is continuously improving the #1 social network for CIOs and alternative assets managers through Trusted Insight platform website and mobile experiences.