Industry News: Machine Learning and Artificial Intelligence for December 18, 2017
Generational Tech Shift to Transform Trade Lifecycle
…tion of new technologies. As global financial markets continue to evolve, the real opportunities are yet to be delivered in transparency and efficiency for investors.” Distributed ledger technology, machine learning, portfolio optimisation techniques and the cloud are being used today but the paper said the challenge for markets and policy-makers is to harness this potential while managing its new risks. “Neither legacy systems nor policy inertia should be allowed to stifle this generational opportunity,” added NEX. Mark Whitcroft, founding partner at venture capital firm Illuminate Financial Management, s… 2017-12-15 06:39:54+00:00 http://marketsmedia.com/generational-technology-shift-transform-trade-lifecycle/ CloudQuant Thoughts: We really like the following quote in this article:“A huge part of financial services built technology in-house or used a small number
of vendors and that old model is dying,” Whitcroft added. ‘Financial services is being componentisized.”
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