AI: Not All About Alpha

AI: Not All About Alpha

The buy side generally has a poor track record of adopting new technologies and artificial intelligence looks to be the latest entry on a long list. In a recent survey of 60 buy-side head traders conducted by the Tabb Group, only 7% are using cognitive technology in their trade execution workflow. Of the rest of the respondents 20% want to implement the technology but feel they do not have the technical resources to do so, and another 20% said they were investigating the technology, according to Dayle Sher, a senior analyst at Tabb Group and who conducted the survey. […]