The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

DBS: Taking machine learning for a spin

DBS asked Euromoney to join the machine-learning training it gives to thousands of its employees, which includes how to programme your own autonomous racing car. It’s all about getting staff to understand one another.

AWS-DeepRacer-track-car-R-960.jpg

Euromoney is teaching a virtual car to go around a virtual racetrack, instructed by a team of distant data scientists on a Zoom call. And despite all these removals from reality, we’re addicted.

After four hours of training and experimentation, Euromoney has succeeded in getting our car – WrightRacer1, because we have a bit of an ego problem – to get around the track in half a minute. Our teacher, Ray, is politely approving, though it turns out his lap record is under eight seconds.

The reason we are doing this is to understand the methods DBS Bank uses to instil a culture of technology and disruption all the way through its business. It speaks to a question we put to chief executive Piyush Gupta some time ago: that it’s all well and good to be a chief executive with a vision for digital disruption, but how do you communicate that vision all the way through your workforce?

AWS DeepRacer

One of the ways the bank does it is this AWS DeepRacer course, developed by Amazon Web Services. The premise is simple: you are given a car and a simple racetrack, and a series of variables you can control to improve the speed and accuracy with which it navigates that track.

In


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree