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Industry News: Machine Learning and Artificial Intelligence for December 18, 2017
Industry NewsCloudQuant Thoughts: We really like the following quote in this article: “A huge part of financial services built technology in-house or used a small number of vendors and that old model is dying,” Whitcroft added. ‘Financial services is being componentisized.” This gets to the heart of new business models that include innovation and crowdsourcing. We have found that innovators, with atypical backgrounds and education, when given access to institutional grade tools and datasets can create something unique. There is significant value that can be derived. Our business model is proving this out daily.

Industry News: Machine Learning and Artificial Intelligence News for the week ending October 9, 2017
Industry NewsAI & ML FINTECH perspective: Chicago startups with chatbots, JP Morgan, Hedge Funds, OCBC, UBS, Morgan Stanley, Google, Zillow, GoPro, Snap, ...

Big Data, Data Analytics, Data Science in the News October 5, 2017
Industry NewsData Science Topics: UBS, data quality, cloud-native, Morgan Stanley, wildlife monitoring drones, targeted marketing, retirement planning, Boeing, Google AI

Quantitative Trading and Data Science in the News August 14 2017
Industry NewsTopics include: GeoLocation Alternative Data, robotic revolution, buy side, sell side, hot jobs, financial crime, ...

The next wave of broker innovation will be Crowdsourced algos
CloudQuant Press, Industry NewsThe next wave of broker innovation likely will be geared toward democratizing quantitative trading, according to Kershner Trading Group Founder and CEO Andy Kershner. That would vastly expand the universe of high-level quant traders globally, which Kershner roughly estimated stands at perhaps 5,000 today.

Morgan Stanley’s 16,000 Human Brokers Get Algorithmic Makeover
Industry NewsCall them cyborgs. Morgan Stanley is about to augment its 16,000 financial advisers with machine-learning algorithms that suggest trades, take over routine tasks and send reminders when your birthday is near.

Citigroup taps quant trader Thomas Chippas
Industry NewsCitigroup Inc. has tapped a quantitative trading veteran to help the bank vault into that hot category, as part of a broader build-up of its equities unit.