AI Use Case

Predict asset price movements based on greater quantities of data to inform trading strategies

Predict asset price movements based on greater quantities of data (e.g., social media, video feeds) to inform trading strategies

Function

Benefits

Revenue - Improve trading decisions (eg market demand estimates),Revenue - Pricing optimisation

Case Studies

BlackRock~BlackRock chooses investment opportunities to add to its portfolio based on AI recommendations,Equbot AIEQ~The Equbot AIEQ Exchange Traded Fund informs portfolio decisions from data including financial documents and social media posts using AI algorithms to predict price changes ,Microsoft~Microsoft Research predicts underperforming biotech companies with 62% accuracy in tests natural language processing ,Columbia Business School~Columbia Business School researchers determine that unusual language in news stories can forecast future market stress through natural language processing,Bloomberg~Bloomberg has piloted a short term market forecasting application which uses deep learning to make predictions,CargoMetrics~CargoMetrics analyses satellite shipping imagery and plans to to identify investment opportunities based on the data with machine learning ,Wells Fargo~Wells Fargo demonstrates 88% short-term and 58% longer term recommendations accuracy using machine learning to predict stock price movements

Industry

Financial Services

Investment Banking And Investment Services

Data Sets

Structured / Semi-structured,Audio,Text,Images,Video,Time series

AI Technologies

Machine Learning (ML),ML Task - Prediction - Regression,Product Type - NLP - Text Entity Extraction,Product Type - NLP - Text Sentiment Analysis,ML Task - Prediction - Multi-class Classification,ML Task - Prediction - Data Translation/Transformation,ML Task - Prediction - Annotation

Potential Vendors

IBM Watson