The TRADE 81 - Q3 2024 | Page 75

[ I N D E P T H | A R T I F I C I A L I N T E L L I G E N C E ]
adopting it somewhere else allows us to achieve more scale within the firm .
“[…] At the end of the day , before trust comes education . It ' s about helping folks understand where these models can add value right now and where they can ’ t .”
Speaking to trading teams ’ approaches to embracing AI , Strange explains that head traders often have the head technologists in the room with them , adopting a very interactive approach as they assess feasible solutions .
“ Essentially what you ' re trying to do is an approach of let ' s not throw AI in as the answer , let ' s try find out what the business case is and figure it out together […] The perception is ‘ I don ' t need to be the world ' s best coder because I ' m actually a professional trader but
AI can help me with some of my ideas ’.”
Going forward it will become increasingly clear exactly which firms have put in the effort . It ’ s arguably relatively easy to automate simplistic systems , it ’ s a harder task to embed these in the most complicated processes . What will set players apart is those who really invest .
" In the future , there ' ll be a distinct division between entities that superficially engage in ' AI washing ' and those who harness Gen-AI
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