Google is working with a number of buy-side firms using artificial intelligence (AI) to aid portfolio construction and risk management. The UK-based group uses deep data algorithms to scan the real-time behaviour of buyers and seller to identify endogenous portfolio risk, rather than looking at external one-off black swan events such as when the Swiss central bank removed its currency peg. According to the CEO and co-founder of the firm, Jeremy Sosabowski, the AI focuses on identifying internally generated risks that can blow up a portfolio, by spotting clusters of uncharacteristic buying and selling that typically occur 20 or 25 times a year,
AlgoDynamix is working with a number of buy-side firms using artificial intelligence (AI) to aid portfolio construction and risk management. The UK-based group uses deep data algorithms to scan the real-time behaviour of buyers and seller to identify endogenous portfolio risk, rather than looking at external one-off black swan events such as when the Swiss central bank removed its currency peg. According to the CEO and co-founder of the firm, Jeremy Sosabowski, the AI focuses on identifying internally generated risks that can blow up a portfolio, by spotting clusters of uncharacteristic buying and selling that typically occur 20 or 25 times a year,