Equity Research Report
AI & Financial Services
Summary
What is the relationship between AI and Financial Services? Why should firms consider AI as a core component? Here is a summary of the most interesting subfields of AI applied to optimise processes, drive cost efficiency and maintain competitiveness.
Firstly, we introduce NLP and its relevant tools to make use of it in Quantitative Trading, such as the Google Natural Language API and the Deloitte BEAT. Then, we analyse upsides and downsides of implementing Machine Learning in Asset Management and Financial Risk Analysis. Lastly, we state that AI will become an essential element of FS firms’ strategies, although it still represents an evolution, not a revolution.
Authors
- Daniel-Nicolae ParaschivAnalyst
- Emanuele LicariAnalyst
Details
- Published
- 10 April 2020
- Division
- Equity Research
- Type
- Equity Research Report
- Pages
- 4
- Authors
- 2
Cite this report
Minerva Investment Management Society (2020). AI & Financial Services. Equity Research. https://minervaims.org/archive/ai-and-financial-services-2020
Related reports
18 April 2020 · Equity Research
Market Update: Short Selling1 April 2020 · Equity Research
Eurozone Banks and Profitability20 April 2020 · Equity Research
Investing In Renewable Energy
