AI Use Case
Forecast asset pricing based on market patterns
Forecast asset pricing based on market patterns. This can be for investment banking trading and back office teams.
Function
Operations
Trading
Benefits
Operational Support - Situational awareness,Revenue - Improve trading decisions (eg market demand estimates)
Case Studies
Baillie Gifford~Baillie Gifford investigates the potential of AI to improve efficiencies through automating fund manager's tasks ,ING~ING reduced trading costs by 25% and sped up pricing decisions for 90% of trades in a pilot implementing an AI system to analyse trade data and optimise price suggestions,Deutsche Bank~Deutsche Bank implements AI trading platform for predicting equity prices and volume,Overbond~Overbond predicts yields for new bond issues with less than 0.02 percentage point inaccuracy by using machine learning,Man Group Plc~Man Group extends AI models to four large funds for predicting financial market pricing and risk,Bloomberg~Bloomberg has piloted a short term market forecasting application which uses deep learning to make predictions
Potential Vendors
Industry
Financial Services
Investment Banking And Investment Services
Data Sets
Structured / Semi-structured,Time series
AI Technologies
Traditional AI,Machine Learning (ML),ML Task - Prediction - Regression,Model Architecture - Deep Neural Networks