The AI Book

Part 6Capital Markets

Artificial intelligence is already applied in many areas of investment banking and capital markets, such as raising equity and issuing debt and advisory services related to mergers and acquisitions. This way corporate clients such as leading corporations, financial institutions, financial sponsors, ultra-high-net-worth individuals and sovereign clients are benefiting from better insights and decision-making empowered by AI.

AI technologies — along with big data and cloud capabilities — have been adopted into and by capital markets for more than 50 years. We are already close to fully digitalized trading, and there are many interesting real-life use cases from both front and back office, including portfolio optimization, fraud detection and more. We are now seeing more energy applied to adding value for clients, colleagues and other stakeholders, and this will accelerate. This part explores these developments, important ideas and concepts, such as:

• A primer on AI and machine learning, specific to financial services and capital markets.
• A view on both the potential and actual ways in which well-designed AI solutions are providing both customer benefits and compliance as an outcome.
• An analysis of intelligent automation and related AI-powered solutions which are being put to work on critical areas such as productivity, trading and enhanced (customer and ...