<p/><br></br><p><b> Book Synopsis </b></p></br></br><p>We often hear that AI is revolutionising the financial sector, like no other technology has done before. This book looks beyond these clichés and explores all aspects of this transformation at a deep level. It spells out a vision for the future and answers many questions that are routinely ignored.</p><p><br></p><p><strong>What do we mean by Artificial Intelligence in finance?</strong> How do we move past the myths and misconceptions to reveal the key driving forces?</p><p><strong>What are the industry trends that align with this transformation? Is it the explosion of digital touchpoints in retail, </strong>the reduced risk taking by investment banks, or the ascent of passive funds in asset management?</p><p><strong>How do we develop concrete use cases from idea generation to production?</strong> How do we engineer systems to make accurate predictions, offer recommendations to clients, or analyse unstructured news data?</p><p><strong>How do we build a successful data-driven organisation?</strong> What are the key pitfalls to avoid? Is it about culture, data governance, or management vision?</p><p><strong>What are the risks specific to developing AI technologies?</strong> Can we humans understand and explain what the machines produce for us? Can we trust their predictions or actions?</p><p><strong>What is the role of alternative data in all this?</strong> How can we put it to use for augmented insight?</p><p><strong>What are the problems that AI is well equipped to solve?</strong> Is it all about neural networks and deep learning, as we regularly hear in the popular press? How do we understand human language, a task so important to the financial analyst?</p><p></p><p>The book is packed with concrete examples from the various disciplines of finance. Interested readers will also develop a deep understanding of AI algorithms - presented in plain English - and learn how to solve the most challenging problems. But first and foremost, it is a practical book that equips finance executives with everything they need to understand this transformation and to become agents of change themselves.</p>
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