AI: The Cornerstone of New Business Models in Capital Markets

AI: The Cornerstone of New Business Models in Capital MarketsAI: The Cornerstone of New Business Models in Capital Markets

Artificial Intelligence (AI) is among the hottest technologies in the financial markets today, seeming to promise untold benefits to market players that are embracing it and destruction to laggards. The significant investments by capital markets firms in AI reflects its relevance and potential. By 2021, Opimas expects industry spending on AI-related technologies to reach US$2.8 billion, representing an increase of 75% compared to 2017.