FEATURE: DISRUPTIVE TECHNOLOGY
Reuters, the world’s leading source of
news and information for professional
markets. Thomson Reuters will provide
AnalytixInsight with financial data gathered
as part of its reporting work and distribute
AnalytixInsight’s AI-driven financial research
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Euronext provides a wide range of data
products through its Market Data portfolio,
including real-time data feeds and historical
and reference information. It is a leading
global provider of indices, publishing more
than 500 benchmark indices of all sizes and
AI CAN BE AN INCREDIBLY POWERFUL
TOOL FOR ANALYSING MARKETS. THE
POWER OF MODERN COMPUTING
HAS MADE SEVERAL TECHNIQUES
AVAILABLE THAT WEREN’T BEFORE.
reports. Together, the two companies will
create AI research on public stocks, which
will be carried on TRI terminals to brokers
across North America. It’s a move that will
boost the profile of AnalytixInsight through
association with the historic Reuters brand.
The deal with Thomson Reuters reflects the
reality of AI’s place in FinTech. Computer
intelligence isn’t taking over from human
decision making. For the most part, it is
providing extra insight for human traders to
work with. Systems such as CapitalCube can
provide insights that humans can’t, but the
reverse is also true. It’s through combining
human and artificial intelligence that
companies like AnalytixInsight provides such
profitable results.
Another of AnalytixInsight’s partners is
Euronext NV, a European stock exchange.
Euronext now provides access to CapitalCube
for its customers, extending the reach of the
technology and its personalised reports.
The leading Pan-European marketplace,
with offices across Europe, Euronext focuses
on bringing together buyers and sellers in
venues that are transparent, efficient and
reliable. Combining exchanges that have
been at the heart of European capital
markets for centuries, it now combines that
sense of tradition with a forward-looking
investment in new technologies such as AI.
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INTELLIGENTCIO
profiles, including the benchmark AEX-Index
and CAC 40 Index, as well as third party and
partner indices. These provide insight into
investor sentiment and the performance of
the Euronext markets. Combined with the
insights provided by CapitalCube, it gives a
wide range of insights to subscribers.
Applying AI elsewhere
TD Bank Group has also shown a great
interest in developing AI as part of its
FinTech portfolio. Its acquisition in January
of Layer 6 Inc, a Toronto-based AI firm, is
only the latest in a series of such moves.
TD has collaborations with the Vector
Institute for Artificial Intelligence, leading
conversational AI provider Kasisto and retail
giant Amazon. This has allowed it to deploy
AI not only in market analysis but also in
customer relations, providing a faster, more
accurate service.
Financial interest in AI beyond FinTech
is reflected in the rise in shares of Helios
and Matheson Analytics when its Zone
Technologies subsidiary announced the
completion of beta testing of proprietary AI
technology. Created by a team headed by
Dr EG Rajan, who has spent over 30 years
researching AI and machine learning, the
technology will appear in the company’s
RedZone Map app, which analyses recent
crime patterns and predicts criminal activity.
The complex future of
FinTech AI
AI undoubtedly has a significant place in the
future of FinTech. The range of companies
investing in this technology, together with
the positive response of investors to AI
announcements, reflects its increasingly
important role. AI allows the effective
analysis of huge data sets to quickly provide
insights that wouldn’t be possible just
through human judgement.
The big steps forward in AI analytics are
likely to come from companies with access
to large data sets and a broad portfolio of
applied analytics. By partnering up with a
range of companies on CapitalCube and
other products, AnalytixInsight has put itself
in a position to be one of those industry-
changing companies.
Heide Abelli, Senior Vice President of
Content Product Management at Skillsoft
agreed that AI is improving the workplace
and stated: “Most of us are familiar with Siri
and Alexa, intelligent voice assistants that
can help us with ‘one dimensional’ questions
such as where is the nearest petrol station,
what will the weather be like today…?
Within the next couple of years, digital
learning agents powered by AI will take that
to the next level and beyond.
“They’ll know who you are, what learning
content is relevant to you, what time of day
you like to learn, how you like to learn and
so on. Looking further ahead into the future,
digital learning agents will take on additional
roles including that of interactive coach or
mentor. Expensive human coaches will likely
become a thing of the past. The AI-powered
digital coach will monitor performance
and record improvement over time. When
switched on, the digital coach will be
behind-the-scenes during every conversation,
listening to and recording verbal comments,
all in the spirit of personal improvement. It
could be used, for example, to understand
how often certain words are used in a
feedback session, or identify if cognitive bias
is introduced in a conversation. It will even
be able to record biometric information –
how much eye contact is made and interpret
facial expressions – to give the most
personalised feedback possible.” Evidently,
artificial intelligence is becoming a thing of
the future. n
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