Artificial Intelligence: How Modern Financial institutions Use AI?

This article was written by Graham Ellinson, a Financial Analyst at I Know First.
 

How Modern Financial institutions Use AI?

“Some people call this artificial intelligence, but the reality is this technology will enhance us. So instead of artificial intelligence, I think we'll augment our intelligence.” — Ginni Rometty

Summary

  • The original use of AI by Banks was for fraud detection.
  • Aside from fraud detection many financial institutions have been slow to implement AI.
  • The UK bank Barclays have started experimenting with AI after becoming the flagship customer of AI simulation firm Simudyne Technology.
  • I Know First are unique: providing an AI product that boasts successful performance in daily market forecasting and wealth management solutions.
Artificial Intelligence is a word that gets thrown around a lot these days. Especially with the entrance of AI into the home with the likes of Amazons Alexa and Apples Siri it is now something that regular consumers interact with on a day-to-day basis. What this means is that it can lead to common misconceptions about AI and its uses. To some it is a smart assistant to others it is that annoying machine who answers the phone when you call customer services. However, AI has a wide range of uses and surprisingly in some cases still limited.

Source: www.iqlect.com

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Drying Out Dark Pools and Forecasting Trading Volume

  This article was written by Julia Masch, a Financial Analyst at I Know First.



 


Highlights:

  • Trading Volume Definition
  • Delving Into Dark Pools
  • In The I Know First Pipeline: Forecasting Trade Volume

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The AI Renaissance: 5 Top AI Stocks To Consider

  This article was written by Julia Masch, a Financial Analyst at I Know First.



  Highlights

  • How NVDA, MSFT, YEXT, PFE, and BIDU Are Utilizing AI
  • Technical Analysis
  • Top Stock Pick By I Know First Algorithm
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NVDA Stock Forecast: NVIDIA Is Riding On A Wave Of Euphoria

  The article was written by Yutian Fang, Financial Analyst at I Know First and Master of Science in Finance candidate at Brandeis International Business School

NVDA Stock Forecast: NVIDIA Is Riding On Wave Of Euphoria

 Summary:
  • Stunning revenue growth in Q1 2018 and outstanding financial health
  • Potential market share gained by application of AI into variety of industries
  • High P/E ratio supports our recommendation to hold in short term but a very bullish prospect makes NVDA a long-term investment based on qualitative analysis and I Know First Forecast

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5 AI Fintech Companies That You Should Know

  The article was written by Amber Zhou, a Financial Analyst at I Know First.

5 AI Fintech Companies That You Should Know

Summary:

  • Growing Presence of Artificial Intelligence in Financial Service Industry
  • Overview of the AI Fintech Landscape
  • 5 AI Fintech Companies That You Should Know
 

Growing Presence of Artificial Intelligence in Financial Service Industry

Artificial Intelligence (AI), was once the domain of fanciful science fiction books and films. But now the drive to eliminate human fallibility makes the technology stormily take the world across all industries, from self-driving cars to virtual assistants like Siri. Companies are significantly benefited from the cost saving from a variety of automated processes. Now programmers and data scientists are setting their sights on financial services. Applications for AI technologies exist across nearly the entire spectrum of business, from algorithmic stock trading applications, credit card fraud detection to auto investment advisors.

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