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Showing 41 - 50 of 97 results for "algorithms"

Former Lehman Brothers chief unveils new asset manager

ALEX BURKE  |  TUESDAY, 7 NOV 2017
... privately-held assets and closely-held businesses." "Despite the proliferation of technology, robo-advisers, automation and algorithms in financial services, we still believe in the value of relationships," Fuld said. Since Lehman's collapse, Fuld has ...

GPS robo-adviser launches

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
... the results are transparent and cannot be swayed by human bias and conflicts, said Einfeld, who helped develop the algorithms based on his 20 years of working in the superannuation and wealth management industries. "What's more, they allow us to produce ...

State Street introduces machine learning tool

JAMIE WILLIAMSON  |  TUESDAY, 26 SEP 2017
... Through the combination of machine learning and human expertise, the new Quantextual Idea Lab uses machine learning algorithms to combat the information overload. It consumes research reports, classifying them by investment themes and assets, and suggests ...

BNP Paribas AM acquires fintech

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2017
... advisory-guided or fully autonomous interfaces with an efficient, scalable and modular framework that optimises the power of algorithms and the knowledge of investment specialists. The deal aligns with both parties' growth strategies, with BNP Paribas ...

Retirement fintech makes senior appointment

DARREN SNYDER  |  WEDNESDAY, 16 AUG 2017
... Essentials is currently developing a hybrid digital advice model which will combine sophisticated technology and data algorithms with experienced human advisers and adult education to deliver its services. Retirement Essentials said more than 700 Australians ...

Fintechs pose disintermediation threat: CFA

KARREN VERGARA  |  TUESDAY, 11 JUL 2017
... internet and mobile devices with the help of internet technologies, big data analysis, quantitative financial models and algorithms." In May, the institute announced it will add AI and big data in its exams. A spokesperson from the CFA Institute told ...

UBS cops $280,000 ASIC fine

ALEX BURKE  |  FRIDAY, 16 JUN 2017
... Disciplinary Panel. The first infringement notice pertained to UBS' PIN crossing system, in which orders are executed based on algorithms reflecting a given client's investment strategy. ASIC explained that UBS has the ability to enter, amend and withdraw ...

Robo-advisers expected to meet fiduciary rule

ALEX DUNNIN  |  FRIDAY, 16 JUN 2017
... advisers, are subject to the substantive and fiduciary obligations of the Advisers Act. Because robo-advisers rely on algorithms, provide advisory services over the internet, and may offer limited, if any, direct human interaction to their clients, their ...

AI to influence consumer trust: Medcraft

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2017
... is that firms need to be accountable in the same way that individuals would be in the event of a significant error. Algorithms and AI are just like any other system; they are an enabler, they are not a replacement for human judgement," Medcraft stated. ...

CFA considers AI, robo-advice in exams

KARREN VERGARA  |  THURSDAY, 4 MAY 2017
... made unambiguously better-off," he said. Respondents (46%) however, were concerned about automated financial advice algorithms being the biggest risk emanating from robo-advice, followed by mis-selling (30%) and data protection concerns (12%). It is ...