Intelligent CIO Europe Issue 02 | Page 46

FEATURE: DISRUPTIVE TECHNOLOGY ///////////////////////////////////////////////////////////////////// Artificial intelligence is rapidly becoming more utilised within business as a way of enhancing industry productivity. Seemingly, AI is imposing itself upon the FinTech industry and radicalising the efficiency of software used by banks globally. A rtificial intelligence (AI) is an increasingly important part of the financial technology sector, specifically in analysing stocks and providing insights into the markets that human analysts alone can’t make. As such, AI-driven funds hold an increasingly large portion of the market, moving this technology into the mainstream. The result is a huge opportunity for investors using this technology or investing in the companies producing it. Significant steps are being taken by companies such as AnalytixInsight (ATIXF Profile), whose flagship CapitalCube cloud-based analytics empowers investors to evaluate the potential of companies and portfolios. Other companies are also taking note of AI’s increasing value. TD Bank has snapped up a young but highly valued AI company as part of a broader AI strategy, while Helios and Matheson Analytics, Inc. has seen its share price rise as it expands its AI-driven Big Data strategy. Even Thomson Reuters, owner Artificial intelligence disrupts FinTech 46 INTELLIGENTCIO www.intelligentcio.com