Global asset managers bet on emerging technologies to meet growth targets
State Street survey finds that 68% of institutional investors are concerned about hitting growth targets in the current market climate.
Tag: AI
Foreign Exchange
Ignore the hype and focus on machine learning objectives, say buy-side tech experts
Industry buzz around machine learning and AI must be set aside in favour of transparency and interpretability according to TradeTech FX speakers.
Blockchain takes a back seat as banks focus on AI and data
Research from AFME and PwC found that blockchain has little or no current technology investment focus for the majority of banks.
BNY Mellon targets AI and robotics with appointment of digital head
BNY Mellon has appointed a head of digital to drive the bank’s strategic digital direction and focus on new technologies.
More than half of hedge funds now using AI technology
Hedge funds are using AI and machine learning for investment decisions, but only a quarter are using it for trade execution.
First AI-brokered crypto trade completed between Rockwell Capital, TLDR Capital
Rockwell Capital Management and TLDR Capital completed a crypto trade using AiX’s AI-powered broker service.
JP Morgan trading team develops machine learning model for equity desk
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, Barclays invest $30 million in AI FinTech firm
BNP Paribas and Barclays join Goldman Sachs and Nasdaq as investors in AI FinTech firm Digital Reasoning.
European Commission targets FinTech global hub status with action plan
FinTech action plan puts forward new rules for crowdfunding and a pan-European label for firms to be licensed across the region.
Predictions for 2018: Technology
Experts from across the industry give us their predictions on what will happen in 2018, today we look at technology trends.