Finance

Artificial Intelligence is transforming the entire world, including the Asset Management industry, by empowering analysts to research accurate investment insights and extract more information faster. Earlier, analysts used to follow the traditional labour-intensive technique and waste a lot of time, effort and resources manually researching hundreds of sources. This also led to missing crucial pieces […]

In recent times, financial services involve extensive unstructured data sets that are constantly increasing in complexity and variety. Given this ambiguity, it becomes challenging for businesses to manage this unstructured data in a database format. Also, the complex nature of this unstructured data can remain hidden in various places. Your employees might have to spend […]

You’ve probably heard the hype around machine learning in financial services written about in headlines. Machine Learning is nothing new, with it being one of many different types of Artificial Intelligence methods that are used to extract insights from data. However, AI has been steadily progressing over the past decade with the application of new […]

An Overview of AI in Equity Research Private equity firms solely depend on data and how the data is being utilized. The more the equity research team analyzes a company’s data, the better the private equity firms can precisely predict and share recommendations for investors about whether to buy, sell, or continue holding certain stocks. […]

When it comes to managing their accounts and purchasing financial goods, today’s clients want a personalized experience and consistent services across interfaces and platforms. They look for ease and value in real-time, anticipatory, and proactive financial solutions that cater to their requirements. To provide a tailored consumer experience, financial firms must mix data, insights, tech, […]

Changing customer expectations, deteriorating profit margins because of traditional methods, fierce competition, and an ever-changing industry landscape push insurance companies to become innovative. Understanding the demands, the industry players have realized that technology-enabled service is the future.    AI and Machine Learning in insurance are changing the entire insurance sector and letting companies provide better […]

The analysts, investors, strategists and the core finance team of any organisation are less aggressive and more responsive, especially when it comes to: Policy bias between what employees think they are doing and what they need to do. Dealing with the financial and investing structure of the organisation.  Lack of transparency in corporate spending. Virtually […]

Fraud has plagued the lending industry for many years. Fraudulent behavior in lending can take many forms, including identity theft, loan stacking, and money laundering. To combat these issues, lenders increasingly turn to artificial intelligence (AI) for fraud detection. AI has the potential to transform fraud detection in lending by enabling lenders to analyze vast […]

The investment-management field is experiencing arguably its most disruptive time ever. Thanks to a brand-new influx of contemporary disruptive technologies, the idea of investing is getting transformed from a system that was earlier relationship-driven and solely accessed by the affluent ones to a democratised, inclusive pursuit that helps a much more extensive client base.  Also, […]

The banking world is undergoing a remarkable transformation, driven by advancements in technology that are reshaping the industry’s landscape. Among the transformative technologies, Natural Language Processing (NLP) has emerged as a game-changer, empowering banks to harness the power of language and revolutionize their operations.  By enabling machines to understand, interpret, and generate human language, NLP […]

In a state of flux world of finance, staying ahead of the curve is inevitable for success. One technology that is set to revolutionize financial services is generative artificial intelligence (AI). By harnessing the power of large language models like ChatGPT, the financial industry can turbo-charge investment research, portfolio management, client servicing, and more.    […]

Artificial Intelligence (AI) is playing a bigger and bigger role in many aspects of our lives. Even stock markets are not left untouched by it. The new breed of traders and investors are slowly turning towards technology-driven AI trading platforms to make their lives easier and give them more time to focus on other essential […]

Securing a mortgage loan is a significant milestone on the path to homeownership. However, the process involved in acquiring a mortgage can often be intricate and time-consuming, especially regarding mortgage underwriting. Mortgage underwriting is a critical step in the loan approval process, where lenders evaluate an applicant’s financial stability and creditworthiness to determine if they […]

Several big banks, financial institutions, and investment firms employ and invest in substantial research teams tasked with analysing and monitoring activities that could impact financial trading markets significantly. Investment research is a core competency in these institutions, and it is a critical component of what equity research analysts, portfolio managers, investors and traders anticipate to take calls.   […]

We are all adjusting to the newfound necessity of prioritizing an ever-increasing flood of quantitative insights as we live in the era of information. By following the never-ending stream of media, research, blogs, tweets and other social media, it is possible to gain insight into macroeconomic patterns, how marketplaces change over time and even how […]

The new-age insurance industry is undergoing a digital transformation like no other, and the stakes have never been higher. According to recent statistics from Allied Market Research, global AI in the insurance market is expected to reach $45.74 billion by 2031, growing at a CAGR of 32.56% from 2022 to 2031. These statistics reflect the […]

Artificial intelligence is the computer’s ability to make decisions, perform tasks, and solve problems at a magnitude as complex as a human. These real-time tasks are carried using algorithms based on Machine Learning and Natural Language Processing (NLP) that process vast amounts of data. Artificial intelligence is a direct inference to customer service.   Role […]

The financial services industry relies heavily on efficiency and accuracy, as errors can lead to severe consequences. The pain of labor-intensive tasks, mountains of paperwork, outdated workflows, and the looming risk of human error haunts financial services firms. However, there is a solution that holds the key to transforming the industry: Process Automation. It offers […]

The investment banking sector is currently grappling with several challenges. These include dealing with capital charges, digital adoption, rigid cost structure, intricate and layered technological stacks, and increased regulatory demands. As a result, various investment banks shifted their emphasis from conventional underwriting services to concentrate more on alternatives such as mergers and acquisitions and fundraising […]

Artificial Intelligence has proved to be a game-changer for many industries and has evolved exponentially over the few years. It is already incorporated into various sectors like smart homes, Ecommerce, driverless cars, and computing systems using machine learning and data mining Recently it has made its mark in artificial intelligence in accounting and auditing as […]

Nowadays, as the world goes digital, the popular notion in the finance industry is that with the integration of Artificial Intelligence and machine learning with sentiment analysis, you can forecast future events by analysing the past, leveraging the finance data. They can mimic cognitive decision-making while avoiding the behavioural biases that humans are prone to.  […]

With evolving digital transactions and sophisticated fraud techniques, the need for robust fraud detection mechanisms is equally increasing. One area where this is particularly pertinent is in identifying fake bank statements, a common tool fraudsters use to manipulate financial information.    Imagine a slow and error-prone verification process trying to interpret the increasingly sophisticated tactics […]

Fraud is the most significant concern for the finance industry and its clients, resulting in massive losses year after year. The majority of frauds target the retail customer segment. However, companies and, in some cases, even big institutions like banks get deliberately targeted by fraudulent activities.    Nonetheless, the finance industry doesn’t need to wait for the future to […]

Compliance management can leverage the computing power of AI to process big data and gain customer insights. AI is widely used in compliance and governance as it is very good at processing large tasks at super-fast speeds. Though AI is not smarter than the human brain, it is much faster and can run on a […]

In today’s age of digitization, companies are betting big on Natural Language Processing to up their finance game. NLP is a component of AI that utilizes machine learning algorithms to empower computer systems to comprehend and interpret human language. NLP is most commonly linked with initiatives to improve human-to-machine interactions, such as a customer support […]

Artificial Intelligence (AI) is the newest and most significant technological trend right now, but the best ways to use it in business and trade are still being developed. The next big thing for AI is database management, whether it’s in the cloud or on-premises. Researchers are working to take big data to the next level […]

The world of finance is going through a paradigm shift. With the proliferation of more digital devices, a slew of data generated promises the creation of new possibilities. When paired with the advancements of artificial intelligence (AI), it has been transforming the financial industry through automation. Today, AI is reshaping the way financial institutions generate […]

Public-company administrators in this modern business world discuss business performance and anticipations with their equity analysts on earnings calls. With the aid of technology, these earnings calls quickly get converted into transcripts that the analysts can use for their future reference or equity research.  The transcripts usually deliver crucial data on market dynamics, a corporation’s […]

With the advent of technology and the global pandemic, the banking sector has evolved rapidly, and clients’ expectations have grown. A massive shift toward online platforms has raised contentions for a more satisfactory user interface. Given these modern technological transformations, Artificial Intelligence and Machine Learning in banking and financial services are gaining higher traction as […]

NLP is a branch of Artificial Intelligence (AI), and with the introduction of machine learning algorithms and improved computing skills, NLP has become much more reliable and scalable. NLP tools, technologies, and APIs (application programming interfaces) are now pervasive in all industries, especially finance.  The NLP Power of Prediction  The financial industry depends on data […]

Predictive analytics refers to the process of utilizing historical data, data analytics, and other information to predict events that may occur in the future. It is used to help organizations make better decisions for their future. By analyzing historical data, companies can gain valuable insight into how their customers, competitors, and even the general public […]

With several new innovations and applications at play, the finance world is in for an exciting time ahead. Robotic process automation (RPA) is one such technology that can completely revolutionise business processes. This technology uses software robots to automate tedious business operations that traditionally require human intervention.   While manufacturers are already leveraging RPA to […]

Investment banking is part of the banking industry, and its primary business is sourcing and managing capital on behalf of other companies and businesses. Investment bankers are actively engaged in the planning and launch of Initial Public Offerings (IPOs), Mergers and Acquisitions (M&A) and various other big-ticket deals in the business and corporate world.   For investment bankers, there […]

Intelligent Document Processing (IDP) is an AI-based technology that retrieves big data and uses machine learning to process and improve it with less human intervention. It is different from traditional stand-alone Optical Character Recognition (OCR) solutions, wherein it uses AI to combine robotic process automation with OCR. It can be challenging for traditional technology to […]

Artificial Intelligence-powered document search capabilities have become a key focus in the banking industry. With the increasing demand for more automated solutions, banks are exploring ways to improve how they carry out their business processes. One of these is through implementing document search in Banking using the capabilities of AI.  AI-Powered Document Search Solutions “There […]

Artificial Intelligence programmes are steadily changing our personal and professional lives. You can now apply machine learning to banks, financial services and insurance industries worldwide. The focus is on delivering AI as a service and using a self-developed machine learning platform to solve customer analytics and automation issues. Multiple AI-enabled platforms and algorithms extract deep […]