AI is shaping new trends in Finance and is spreading everywhere
Artificial Intelligence and Deep-Learning are rapidly gaining in popularity and have been successfully applied to various fields in finance.
More than a third of financial services companies explicitly use AI, and 75% of largest OECD banks (more than 100bn$ assets) have implemented AI systems.
- High-Frequency Trading applied by largest banks is AI-driven. The majority of the transactions on major stock exchanges are AI-generated.
- Fraud detection is essentially AI-based.
The trend is clear… the future rythm is unknown