Quick Definition

Artificial Intelligence (AI) in finance refers to the use of machine learning algorithms and computational methodologies to manage financial data, predict market trends, and automate trading and investment decisions.

Examples

• 1Algorithmic trading platforms use AI to analyze market data and execute trades at optimal times.
• 2AI-driven credit scoring models assess borrower risk more accurately by analyzing vast amounts of data.
• 3Robo-advisors provide personalized investment advice and portfolio management services using AI algorithms.
• 4Insurtech companies leverage AI to streamline claims processing and personalize insurance offerings.

Tags