Place/Date: Singapore – June 30th, 2022 at 6:10 pm UTC · 3 min read
Contact: Lim Xinhong,
Source: Vickers Venture
Everything from chatbot assistants to fraud detection and task automation is covered by artificial intelligence (AI) and machine learning in the finance industry. According to Insider Intelligence’s AI in Banking research, the majority of banks (80%) are fully aware of the potential advantages of AI. Financial institutions’ (FIs) decision to employ AI will be hastened by technological improvements, rising user acceptability, and changes in regulatory frameworks. By giving customers access to their accounts and financial advisory services around-the-clock, banks adopting artificial intelligence may substantially improve customer experience while streamlining laborious processes. It is practical to employ AI in quantitative trading to lessen the emotional influence of human judgment on trading. As a result, AI quantitative trading resembles classic manual trading techniques to a great extent, but its decision-making is more accurate and effective than manual trading.
But one thing is for certain: these technologies will have a significant impact and bring about significant change. Robotics and artificial intelligence are examples of recent technological advances. Revolutions in industry and technology have altered the methods of production. The rise of the Internet and other aspects of digitization have drastically altered life and business. The next great leap in technological advancement is likely to come from artificial intelligence and robotics, affecting areas such as manufacturing and fintech, which will undoubtedly change the way humans operate.
Vickers Venture brings together robotics, artificial intelligence, and new fintech developments that will revolutionize the world. Dr Peter Frankopan, a historian and senior research fellow at Worcester College, University of Oxford, points out that the transition was not a monstrous scourge. “Shifts are completely normal and unavoidable,” he said. Investors may be powerless to control the shifts they face in this new era of technological innovation, but they can ride the wave and reap the benefits.
Vickers Venture’s mission and vision are to “insist on originality and let AI lead human progress.” Vickers Venture is dedicated to enabling artificial intelligence to promote economic, social, and human development and to build a better future. Vickers Venture, a well-known venture capital firm in Asia and even the world, is dedicated to biotechnology and artificial intelligence research and development, with a blueprint to build a new generation of artificial intelligence open innovation platforms. Vickers Venture established the Vickers Venture AI Research Center in 2018, with the goal of deeply integrating artificial intelligence with traditional finance and launching the Vickers Venture Artificial Intelligence trading bot and Intelligent Financial Expert Services Program in 2022.
Vickers Venture is searching across the entire network for employees and teams who are loyal, have strong consensus, and are influential. Join hands to form a global Vickers Venture digital financial ecosystem community, witness the development and rise of Vickers Venture, and share the investment benefits of AI quantitative trading!
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