Inexact Science: When, If Ever, Should Intuition Trump AI?

A panel at the Chicago Trading and Architecture Summit 2015 discusses whether success in the capital markets is now more about science than business.

chicagosummit
A panel at the Chicago Trading and Architecture Summit 2015 discusses whether finance is more about good science than good business.

The importance of data scientists in finance seems to grow every day with more and more firms adopting the use of big data in their trading strategy.

For many, the days of incorporating any type of emotion or intuition into trading is long gone. Algorithms and analytics rule how some shops choose to work.

And with this evolution in how the markets now work, a question has arisen: Is finance no longer a business problem so much as a science one?

That debate was brought up at a panel discussing

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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