Clearstream Head Warns of Limitations of Simple AI

Revamping systems for STP is more useful than robotics applied to limited aspects of operations and workflow.

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As many firms look to embrace artificial intelligence (AI) and robotics to automate processes, others have taken a more cautious approach.

Berthold Kracke, head of global operations at Clearstream and CEO of Clearstream banking AG, says robotics is useful in improving efficiency and automation, but can only be applied in limited use cases. Robotics is considered a subset of AI technology but operates with a simple rules-based methodology. It is this simple functionality that makes it useful for

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