Financial Services Must Get More Out of Their Data - AI Holds The Key, says PwC
With estimates showing that algorithmic trading systems handle 75% of the volume of global trades worldwide, financial services are feeling the impact of AI investment more than most. There's a number of reasons for this, not least because finance work is incredibly data-heavy. "Yesterday, I had an interesting conversation," offers Dr. Christian Westermann, Data & Analytics Partner with PwC Switzerland. He is better-placed than many to explain why AI is already such an area of interest within financial services. Formerly a space scientist, Westermann oversaw the early development of data analytics as a topic of interest at the firm from 2009 onwards.
Mar-25-2018, 05:16:44 GMT
- Country:
- Europe > Switzerland (0.36)
- Industry:
- Banking & Finance > Financial Services (1.00)
- Technology:
- Information Technology > Artificial Intelligence
- Natural Language (0.48)
- Issues > Social & Ethical Issues (0.35)
- Machine Learning (0.30)
- Information Technology > Artificial Intelligence