The Rise of the Machine

There has been an increase in spending by financial services firms on data analytics and machine learning in the last year according to Alex Viall, head of regulatory intelligence at Behavox, which provides surveillance software. Viall spoke on a panel, Rise of the Machine, at the Misys Connect Forum in London this week. A pool at the forum found that more than half of the attendees’ firm are experimenting with using artificial intelligence and machine learning but few have yet implemented these technologies. David Weiss a senior analyst at consultancy Aite Group said in a report in July that inorganic intelligence seems to be hitting its mark in 2016, with a few prominent applications and independent software vendors coming to the fore. Aite coined inorganic intelligence to describe the combination…


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