An inside look: How AI powered innovation in the capital markets in 2024
From generative AI and machine learning to more classical forms of AI, banks, asset managers, exchanges, and vendors looked to large language models, co-pilots, and other tools to drive analytics.
If 2023 was the year of generative AI exploration, 2024 saw the burgeoning technology find practical applications.
“I would have to say that for the year of 2023, AI was almost exclusive to everything we did,” the head of engineering and technology at a global systemically important bank (G-Sib) told WatersTechnology. “Of course, we’re delivering on regulatory obligations and long-term projects, but in tandem with that, we’ve put an uber amount of focus on leveraging that data and taking in the
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