Technology : How smart is dealer AI? : Dan Barnes

Can artificial intelligence boost broker-dealers’ client coverage? Simple automation will not work for complex bond markets; tools that learn to find patterns are needed in order to better support sales trading.

Broker-dealers need to do something to make their operations more efficient. In the summer of 2018 buy-side firms are reporting that the sell side is taking less risk than ever before. Many analysts predict volatility will increase over the latter half of the year putting trading capacity under pressure. Using junior sales-traders to replace senior sales-traders is a false economy; it might lower costs, but it also reduces service levels for the buy side. Continue reading “Technology : How smart is dealer AI? : Dan Barnes”