29 May 2020

HSBC launches AI index

Written By FinTech Alliance

HSBC launches AI index

This week, HSBC has launched an investment index powered by AI.

In Brief:

  • This will scour non-traditional data sources like Tweets.

  • HSBC has claimed it can mimic ‘thousands of analysts’.

  • This is a world first though many organisations have looked to use AI in this way.


What does this mean?

This feature is born out of the idea that data impacting markets can come from many places and goes far beyond the numbers – with social media posts and even tone of voice having an impact.

Read more here.

 

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