The benefits of AI in investment banking Inside Financial & Risk
AI in investment banking is an immensely powerful tool for unlocking customer insight. Leon Saunders Calvert, Global Head of M&A and Capital Raising, says the benefits are only a few steps away for firms with quality data. In the decade since the global financial crisis, investment banks have seen increased regulation and compliance burdens add to the complexity of doing business. This has led to significant shifts in product profitability and scarcer capital. The emergence of innovative and agile start-ups offering cheaper and faster products and services is an additional challenge to investment banks, whose outdated and inflexible physical infrastructures make digitalization a difficult task.
Sep-18-2018, 23:36:57 GMT
- Industry:
- Banking & Finance > Trading (1.00)
- Technology:
- Information Technology
- Artificial Intelligence > Applied AI (0.31)
- Data Science > Data Quality (0.31)
- Information Technology