How is AI applied in finance?

Question

Let's review the current list of trends and what to expect from the industry

Answer 1

Artificial intelligence (AI) has several diverse applications on both the sell side (investment banking, stockbrokers) and buy side (assets managers, hedge funds). Overall AI utilized by financial institutions in various ways to improve their operations.   

Answer 2

AI is applied in finance in various ways, such as fraud detection, risk management, investment analysis, chatbots for customer service, and underwriting. AI can also help with process automation, customer insights, and improving operational efficiency.