artificial intelligence Archives - The Industry Spread

The CFTC on Artificial Intelligence

October 28, 2019

“A strength of AI is its ability to identify correlations in vast data sets. Such correlations can be helpful in systemic risk monitoring, which depends on predicting when circumstances may require intervention.”

Fintech Raises $111.8B in 2018, Up By 120 Percent, Says KPMG

February 16, 2019

KPMG has found that global fintech funding rose by 120 percent to $111.8B in 2018 from $50.8B in 2017, mainly driven by mega M&A and buyout deals such as Blackstone’s $17B investment in Refinitiv in H2’18 and the $12.86B acquisition of WorldPay by Vantiv in H1’18.

LabCFTC’s Purpose: Get Out of the Ivory Tower

December 17, 2018

LabCFTC is a dedicated CFTC function to engage with new technologies. It will enable the CFTC to be proactive and forward-thinking as FinTech applications continue to develop.

Busch Talks Data Science With B23 Co-Founder

November 7, 2018

As Hirko explained, companies which employ algorithms- which means nearly every trading firm- won’t have success unless it is able to process as much data as possible properly.

The job of creating algorithms, Hirko explains, is done generally by B23’s clients, and B23 partners up by helping these companies process more data properly.

“(B23) Engineering the data so it fits neatly into those algorithms,” Hirko said.