The Development of AI in the Financial Industry - Attention Trust

It should come as no surprise that the financial services sector has been gripped by the innovation of late, particularly when you look at the falling age of the global population and our increased reliance on technology during the digital age. If we look at the forex market, for example, we see that almost half of those active in this space are now categorised as Millennials, with the rise of mobile platforms such as the MT4 having removed many of the barriers that once restricted this marketplace. In today's market, artificial intelligence (AI) is arguably the single biggest and most influential innovation, and one that is changing the financial services sector as we know it. But how is it developing in the market and what's the future for this technology? In many ways, AI has found a spiritual home in the world of banking and wealth management, where trusted professionals and individuals have historically been charged with handling relatively complex calculations and vast swathes of administration.