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
Potential Vendors
IBM Watson
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