An article in Business Insider highlights a $96 billion hedge fund, Man Group; the firm initially held off on rolling out their AI powered trading bot out broadly until recently; by 2015 AI was contributing half of the profits to Man Group’s largest funds. Source
Equbot has created an AI Powered ETF (ticker: AIEQ); it analyzes massive amounts of data to create a portfolio of 30-70 stocks; some of the data sources include regulatory filings, quarterly news releases, articles, and social media posts; a major difference of the fund is that the bot’s methodology can be explained; the fund launched on October 18, 2017 and has about $70 million in assets. Source
Matt Hancock is the Secretary of State for Digital, Culture, Media and Sport and a Member of Parliament for West...
Open Banking has been one of the most talked about topics in fintech over the past couple of years. In...
While there are those that may feel the robot takeover in financial services is imminent, there is a much larger...
Ken Sena runs a group within Wells Fargo Securities and recently introduced an artificially intelligent equity research analyst; the bot tracks stocks and put a sell rating on Facebook and Google, two of the top companies working on artificial intelligence; Sena provides his perspective on the new bot and where it might be falling short. Source
Harmoney has shared that they are working with DataRobot to improve credit assessments; DataRobot automates data science workflow and allows users to customize predictive models; Harmoney’s models have been trained on data from over 300,000 loan applications; previously it took them 12 to 16 weeks to deploy models, now it takes just minutes. Source
Artificial intelligence is one of the hottest topics in fintech today; while we often hear of AI replacing humans, companies...
Among the many Fintech methods, tools and techniques, AI and blockchain are at the top of the list and represent...
AI solutions provider Personetics has developed an autonomous technology dubbed Self-Driving Finance that is providing banks with a roadmap for...