Quants Say Internal Data will Unlock AI’s Full Potential
At this year's North American Financial Information Summit, industry experts talked about the importance of sourcing and using internal data to find alpha.
“On the trading side, to say you’re using machine learning is like saying, ‘I’m using tools to build a house’—it’s just a given at this point. This is not something that we’re toying with, playing with, don’t know how to monetize—this has been, for quite some time, very real,” said Hedge, a quantitative trading architect at Societe Generale, who was speaking at this year’s North American Financial Information Summit, held in New York on May 23.
Where the industry is still on the hype cycle, he
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