A Webster-MFM Event
Wednesday, May 23, 2018
LCC Commons Room, Webster University Geneva
This event is free and open to the public, but we please ask that you register here.
Big Data analysis and Artificial Intelligence (AI) are two of the most exciting technological developments of our time. Their application to financial asset-management is evolving exponentially, with minds and money pouring in at a growing rate.
Asset managers have been opening research centers dedicated to AI. Roboadvisors gain more and more popularity, transforming the way investors construct portfolios. On dealing desks, augmented intelligence is used through smart order routing and algorithmic execution.
The new technologies propose ways to reduce the negative influence of human behavioural biases and mental shortcuts on investment decision-making. They aim to provide a more disciplined implementation of the principles, efficiency in filtering out the “noise” and save time and money. Given the amounts of data involved in investment activities, information is used for machine learning and predictive analytics. A recent report by McKinsey (2017) shows that the financial industry is leading in AI adoption, and one that AI is likely to transform the most.
Today, machines perform better than humans in some tasks, and there are still skills humans are better at. Thus, both are combined to maximize the asset value.
Looking into the future, the intriguing questions are: will eventually algorithms be able to do whatever humans do? Will there be anything reserved for human asset managers?
We have gathered a group of experts with extensive experience in their fields and different views on this topic to address these questions.
WELCOME & INTRODUCTION
Dr. Dominique Jolly, Chair, Walker School of Business & Technology, Webster University Geneva
Mr. Giuseppe Mirante, Founder and CEO/CIO, Mirante Fund Management
PANEL SESSION AND Q&A
Jan Beirlant, Ph.D., KU Leuven University
Michel Girardin, Ph.D., University of Geneva
Frank Crittin, Ph.D., Mirante Fund Management
Moderator: Michal Paserman, Ph.D., Webster University Geneva
Details and speaker bios can be found here.
Wednesday, May 23
Webster University Geneva, LLC Commons Room
Route de Collex 9 1293 Bellevue, Switzerland