This bank is using artificial intelligence to help, not replace traders

ING has introduced a new tool to help its traders that's powered by artificial intelligence in the latest fintech move for the dutch bank. Rather than replacing a human, the bot is designed to help them make better investment decisions, predicting the best bond prices when they're being bought and sold. Read more: L&G's digital chief on why startups shouldn't be focused on disruption Katana, as the tool is called, has already been tested at the banks emerging markets desk in London and will now be rolled out further. The trial found 90 per cent of trades could be made quicker and that costs were reduced by 25 per cent. And the AI can learn from trading history to better improve its predictions for prices.