Chapter 11 AI in Finance
1Woxsen University, Hyderabad, India
2Beirut Arab University, Lebanon
11.1 Introduction
Computer science's field of artificial intelligence (AI) has been the focus of scientific research and technological development which develops artificially intelligent technology or software that can imitate human behavior. The global financial services sector is being rapidly transformed by AI and its creative uses. The main users of AI in finance were hedge funds and HFT companies, but it has since moved to banking, fintech, and insurance companies as well [1]. AI is used in the financial services sector for robo-advisors, virtual client support, ...
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