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Capital Markets: How Artificial Intelligence Will Set the Price for Credit
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Capital Markets: How Artificial Intelligence Will Set the Price for Credit

Peter Lee
Euromoney, 2019
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Editorial Rating

8

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  • Visionary
  • For Experts
  • Hot Topic

Recommendation

In the not-so-distant old days, experienced bankers, traders and investors used a combination of skill, gut instinct and creativity to determine prices for loans and securities. But advanced technology is replacing all that finely honed intuition and ingenuity. Today, artificial intelligence drives the market and determines how much governments, organizations and people need to spend to raise capital and borrow money. This intriguing article will be of special interest to financial professionals and investors.

Take-Aways

  • Artificial intelligence (AI) is putting an end to the old-school way of pricing securities issues.
  • Because of machine learning, AI gets better over time, as it processes more and more data. 
  • Banks have already spent an immense amount of money on new technology, so it would make sense to offer it to their clients.

About the Author

Peter Lee is the editorial director of Euromoney.

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