AI, Deep Learning, and Financial Services -- Upside

As we discussed in a previous article, "Analytics in The Stock Market: Made for Each Other," the financial services industry would seem to be a particularly good fit for current advances in artificial intelligence (AI) and machine learning. After all, financial services are based on understanding risk and balancing a wide range of numeric factors as well as predicting trends. However, uptake of machine learning and AI has been relatively slow in this industry. The chief reason is the need to maintain a conservative outlook and to accommodate a wide range of processes and systems based around legacy information technology. Despite this, we will likely see some change soon.