Patience is a virtue when it comes to machine learning say experts
Industry experts talk down immediate results from machine learning and that there are no shortcuts to success.
Tag: machine learning
BNY Mellon appoints senior technologist to lead AI and robotics efforts
BNY Mellon has already made some progress in implementing robotics and machine learning to its asset servicing business.
Nomura invests in Brevan Howard AI trading platform
Brevan Howard developed the AIM² platform three years ago using artificial intelligence, machine learning and data science.
The TRADE’s best of 2018: Technology
John reviews the best of The TRADE’s coverage of technology over the past 12 months.
Buy-side must adapt to rise of fixed income automation to flourish, says panel
Heads of trading from Pictet Asset Management and BlueBay Asset Management underline the importance of adaptability as trading technologies become more automated.
Sell-Side
Targeting talent: The industry’s new battleground
Attracting and retaining the brightest talent available has become the new battleground for investment banks as new compliance obligations and technology developments create warring factions desperate to secure the best personnel possible. Hayley McDowell tells the story behind this method of attack and finds out that a talent shortage could be just on the horizon for major players.
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.
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.
Buy-side AI FinTech raises $14 million in funding
Pagaya, which uses artificial intelligence technology to manage institutional money, has raised $14 million in a series B funding round.
Buy-Side
Reducing the human touch
Buy-side priorities have been historically dominated by regulatory concerns, but a survey of senior FX buy-siders carried out by Worldwide Business Research suggests that automation is now taking over. Hayley McDowell examines the benefits, challenges and progress as asset managers look to reduce the human touch on trading desks.