AI In Finance Industry: The Future Is Today

The traditional finance sector as we know it is going through a process of change. As new technologies disrupt the conventions and dogmas, whole industries are transformed, keeping pace with the rapidly-changing world. Finance is no exception to this rule, and, as a sphere that lives and breathes quantitative data (lots and lots of quantitative data!), it has been particularly sensitive to the rise of the artificial intelligence, a technology driven by the computers' newfound ability to crunch massive troves of data. And while it may or may not be too early to speak of the financial industry as we are about to know it, it is already clear that AI in finance is very much a part of it. But before we delve into all the exciting ways that AI is reshaping the financial sector in, it may be worth saying a few words about the technology itself, especially given all the buzz and hype around it.