Detailed Data: AI with a Small Focus Can Pinpoint Big Insights
Artificial intelligence can hone in on small-scale data issues that are a big deal in the face of intense cost pressures.
There is alpha in the details, however. Jim Lombardo, head of investment technology at Loomis Sayles, says his firm has been leaning on AI as a quality alternative to old-school techniques such as row counts or reviewing historical trends when attempting to highlight potential data issues and more effectively classify new securities into its proprietary sector classification schemes.
“[With AI,] we’re trying to find more subtle problems with our risk model—infrastructure in particular, where
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