Rise of the machines: when will AI and machine learning change finance?
Artificial intelligence (AI) and machine learning have the potential to shake up the financial services industry.
The days of computational finance and basic algorithmic trading are behind us, and now automation has expanded from the trading floor to touch almost every aspect of a bank’s technology infrastructure.
But how far will it go? Are we staring at an AI-fuelled future, where everything from the branch to the back office is run through machine-made decisions?
Or is the reality something more nuanced?
What type of model will banks and financial services firms embrace as customers demand more data, more insights and quicker service?
FinTech Futures is researching and producing an in-depth report into the adoption and perception of artificial intelligence and machine learning in financial services.
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