Limiting fat-finger errors: Using AI, the ESA and Mosaic aim to make traders more efficient
The European Space Agency is looking to apply space technology and AI to help financial firms better manage risk and find alpha-generating signals. Mosaic Smart Data is now four years into a partnership with the organization and is taking aim at anomalies in market data.
From cloud to AI to open-source tools, when it comes to innovation, banks and asset managers tend to take a more cautious approach—the various financial services regulators tend to frown upon the motto “move fast and break things” when it comes to managing ma and pa’s retirement funds. So these technologies tend to first prove themselves in the realm of consumer goods before trickling down into the capital markets.
What many don’t realize is that many of the revolutionary consumer goods and
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