Handbook of Artificial Intelligence and Big Data Applications in Investments, edited by Larry Cao, CFA, is the massive winner in 2023.
The CFA Institute Research and Policy Center (RPC) focuses on 4 forward-looking analysis themes to drive content material engagement, motion, and outcomes. These themes are Capital Markets (Strengthening the Structural Resiliency of Capital Markets); Technology (Understanding the Latest Developments in Data Analytics, Technology, and Automation); Industry Future (Providing New Insights into the Future of the Profession); and Sustainability (Advancing the Industry’s Thinking on Sustainability Challenges).
The most well-liked prime three articles of 2023 from Understanding the Newest Developments in Knowledge Analytics, Know-how, and Automation are introduced beneath. The theme tracks the evolving alternative set for funding corporations and professionals stemming from synthetic intelligence (AI), massive knowledge, and new analytical instruments and applied sciences. Our analysis acknowledges that the way forward for the funding trade is one the place good machines and methods, knowledge evaluation, and inference will play a extra central function in how the world of finance evolves.
1. Handbook of Artificial Intelligence and Big Data Applications in Investments
Synthetic intelligence (AI) and large knowledge have their thumbprints everywhere in the trendy asset administration agency. Like detectives investigating a criminal offense, the practitioner contributors to this e book, edited by Larry Cao, CFA, put the most recent knowledge science strategies beneath the microscope. And like every good detective story, a lot of what’s unveiled is on the identical time stunning and hiding in plain sight.
2. “Thematic Investing with Big Data: The Case of Private Equity”
Utilizing pure language processing (NLP) to attain firms by the information frequency of phrases associated to non-public fairness, Ludovic Phalippou creates an index weighted by theme publicity and liquidity, whose returns are extremely correlated with non-traded indexes, on this analysis for the Financial Analysts Journal.
3. “CFA Institute and CFA Society Spain Briefing Paper on Fintech in the EU”
Roberto Silvestri and Zaira Melero, CFA, gauge the opinions of CFA Institute members within the EU on the evolution of monetary applied sciences, together with the advantages and challenges for the funding trade. Their knowledge relies on a casual survey of native CFA societies within the EU.
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