Culture: Why Big Finance Falters in Fintech - SU Blog

From 2009 – 2014, I built one of the first commercially viable robo-advisors, the first deep-learning network that could detect market-moving Congressional legislation, and one of the earliest trading algorithms for illiquid markets. I built those products inside some of the largest financial institutions in the world. And every one of those products was shut down by those banks. Everyone who was part of those teams quit or was fired. But none of the innovations died.