How Artificial Intelligence Can Stop Market Manipulation

This past March, a group of venture capital firms and banking organizations led by BNP Paribas invested $30 million into Digital Reasoning, a privately held company based in Nashville that is emerging as one of the leaders in using artificial intelligence to analyze human communications. The funding round, which also included Barclays, Goldman Sachs and Nasdaq, is the latest example of the growing collaboration between AI and Wall Street. Banks, trading firms and exchanges are exploring ways to use this technology to enhance the ways they process data and make decisions. And they are partnering with specialist firms that can apply the techniques of AI to the particular characteristics of financial markets. In the case of Digital Reasoning, the application is in the area of surveillance.