White Paper

Artificial Intelligence in Finance

Vassilios Papathanakos, PhD Executive Vice President, Deputy Chief Investment Officer
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Key Ideas

  • Asset managers seek to exploit the surge in newly captured data with the expectation of getting an investment edge that will differentiate them from the crowd.
  • Artificial Intelligence is ultimately a tool that’s more of an art than a science, and is still in its infancy.
  • Not all data is created equal. The quality of the data used for the algorithms is more important than the amount aggregated – especially in finance.
  • Employing secure data practices in the investment industry remains a strong competitive advantage.
  • AI serves as an additional tool to asset managers, but cannot replace trust and confidence in a management team.

The rush for AI

The great rush to mine mountains of new information through artificial intelligence is on. Not to be left behind, investment managers are touting their ability to capitalize on the AI craze.