In the not-so-distant old days, experienced bankers, traders and investors used a combination of skill, gut instinct and creativity to determine prices for loans and securities. But advanced technology is replacing all that finely honed intuition and ingenuity. Today, artificial intelligence drives the market and determines how much governments, organizations and people need to spend to raise capital and borrow money. This intriguing article will be of special interest to financial professionals and investors.
About the Author
Peter Lee is the editorial director of Euromoney.