Nomura Invests In Venture With Brevan Howard To Build AI-solutions For The Finance Industry
Nomura, Asia’s global investment bank, has today announced it is investing in a venture established by Brevan Howard, called AIM², which specializes in building Artificial Intelligence-powered solutions for the finance industry.
AIM2 was launched in 2015 to use a combination of data science and machine learning to develop a range of alpha investment strategies.
The Artificial Intelligence specialist is now building trading tools for participants in wholesale financial markets, following collaboration between Nomura and AIM2 that began in 2018.
The new tool uses AI and data science to analyse large sets of high- frequency historical and real-time data, including client flows and market data, to provide quotes and recommendations.
Steve Ashley, Global Head of Wholesale at Nomura, said: “The AIM2 team has a strong combination of data scientists and capital market experts, and has built an industry leading AI engine that we will use across all asset classes to enhance the client experience and increase market share in flow products. This solution will also form part of our plans to accelerate Nomura’s Wholesale digital transformation.”
Source: Company Press Release
USAA To Expand Workforce In Chesapeake To Support Growing Membership
Company adding more than 500 employees in the area over the next two years Read more
USAA Advocates For Safe Driving Habits During 100 Deadliest Days Of Summer For Teens
New Safe Driving Simulator virtual experience helps drivers identify bad habits ahead of summer travels Read more
USAAs Poppy Wall Of Honor® Returns To National Mall For Sixth Year To Honor And Remember Fallen Service Members
Enhanced experience provides immersive storytelling to illustrate all that was given in service to our country Read more
USAA Appoints Brian Goldman As Chief Risk Officer
USAA announced today the appointment of Brian Goldman as its new Chief Risk Officer, effective May 27. Read more
Strong Financial Performance Reflects USAAs Unwavering Commitment To Members And The Military Community
Association added 1 million new members and continued to serve the military community and their families through enhance... Read more
USAA And The Valero Texas Open Join Forces To Honor Military Heroes
Service Members and Veterans to Receive Exclusive Benefits and Complimentary Access Read more