Goldman Sachs eyes wider AI adoption in equities as it leads $72 million H2O.ai investment
Goldman Sachs European equity trading head says the bank will adopt AI models more broadly across its equities trading division following investment.
Goldman Sachs European equity trading head says the bank will adopt AI models more broadly across its equities trading division following investment.
The increasing use of artificial intelligence and machine learning systems among buy-side firms is in danger of creating a hype bubble – The TRADE examines where asset managers are currently using these technologies to optimise their trading strategies and what pitfalls firms must avoid to (eventually) foster a harmonious trading between man and machine.
Natural language processing specialist Prattle becomes latest acquisition for Liquidnet, following RSRCHXchange and OTAS Technologies.
Growing number of buy-side firms looking to blockchain, artificial intelligence and robotics for growth opportunities over the next five years.
The rise of artificial intelligence and new data sets dominated discussions at this year’s conference, while Brexit casts a long shadow over future plans.
AXA’s global head of trading and securities financing says the asset manager will have to rely on AI and predictive analytics to give traders condensed information.
BNY Mellon has already made some progress in implementing robotics and machine learning to its asset servicing business.
Regulators and policymakers exploring AI for market surveillance face their own challenges around unstructured data use and retaining relevant talent.
Brevan Howard developed the AIM² platform three years ago using artificial intelligence, machine learning and data science.
Research suggests the buy-side is slightly ahead in terms of AI technology adoption compared to sell-side firms and exchanges.