AI ‘lab’ or no, banks triangulate towards a common approach
Survey shows split between firms with and without centralised R&D. In practice, many pursue hybrid path
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This is the last in a series of four articles looking at how sell-side front offices are using artificial intelligence. It is based on a survey plus interviews with eight market participants. The other articles in the series can be found here.
On the face of it, banks have split into two equal camps when it comes to the development and roll-out of artificial intelligence: half have a centralised ‘lab’ and half do not.
It’s one of the findings of a Risk.net survey of AI use in sell-side front
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