Artificial intelligence techniques in finance and financial markets: A survey of the literature. (10th May 2021)

• Record Type: Journal Article
• Authors: Milana, Carlo; Ashta, Arvind
• Is Part Of: Strategic change. Volume 30:Number 3(2021)
• Page Start: 189
• Page End: 209
• Publication Date: 2021-05-10
• Subjects: artificial intelligence -- fintech -- fuzzy models -- machine learning -- microfinance; Organizational change -- Periodicals; Strategic planning -- Periodicals; 658.401205
• DOI: 10.1002/jsc.2403
• Languages: English
• ISSNs: 1086-1718

Abstract

Abstract: Both academic and nonacademic literature is evolving following the oscillating development of artificial intelligence (AI) and computing power's evolution in their application to finance and financial markets. The limits to economic growth encountered after the financial crisis and, successively, the recent pandemic bursts have posed new challenges to AI‐related technologies. The surveyed publications have given hope in harvesting improved efficiency, new data, information, advisory and management services, risk mitigation, and some unanswered questions regarding negative impacts on sustainable growth and increasing economic welfare.