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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

Euromoney,

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Artificial intelligence and big data may put an end to the old-school way of pricing capital.

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8

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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.

Summary

Artificial intelligence (AI) is putting an end to the old-school way of pricing securities issues. 

AI algorithms set the price for credit based on an analysis of information and patterns that would be difficult for ordinary people to detect or process. By doing so, AI may make capital markets work more smoothly.

Traditionally, predictions in the financial markets have relied on a wide array of public information, such as cash flows and profits. AI algorithms are able to analyze vast amounts of data that decipher relationships that would otherwise be impossible to...

About the Author

Peter Lee is the editorial director of Euromoney.

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