Research suggests the buy-side is slightly ahead in terms of AI technology adoption compared to sell-side firms and exchanges.
State Street survey finds that 68% of institutional investors are concerned about hitting growth targets in the current market climate.
Industry buzz around machine learning and AI must be set aside in favour of transparency and interpretability according to TradeTech FX speakers.
Research from AFME and PwC found that blockchain has little or no current technology investment focus for the majority of banks.
BNY Mellon has appointed a head of digital to drive the bank’s strategic digital direction and focus on new technologies.
Hedge funds are using AI and machine learning for investment decisions, but only a quarter are using it for trade execution.
Rockwell Capital Management and TLDR Capital completed a crypto trade using AiX’s AI-powered broker service.
Asia Pacific equity trading desk at JP Morgan Asset Management is seeking to have 50% of trading flow driven by machine learning by the end of the year.
BNP Paribas and Barclays join Goldman Sachs and Nasdaq as investors in AI FinTech firm Digital Reasoning.
FinTech action plan puts forward new rules for crowdfunding and a pan-European label for firms to be licensed across the region.