Friday, September 1, 2017

How AI Can Accelerate Analytics in Financial Markets

In the bustling world of financial services, with continuous market fluctuations, numbers are king. One investment firm aims to harness the onslaught of qualitative information out there, using AI to wrangle to its advantage a surprising challenger to the field: words. Toronto-based Triumph Asset Management (recently reorganized as Amadeus Investment Partners) is exploring this area using deep learning. They’re analyzing tens of thousands of news articles each day with the goal of better predicting market directions and making trading decisions.