News | 04.08.19
Google Plans Foray Into Asset Management With AI Data Tools
Google is ramping up its advanced analytical capabilities to target asset management firms, with tools it says can simplify data scientists' work. The technology giant's potential to disrupt the financial services space has been speculated about for years. Although many asset managers and technology vendors remain unsure about Google's end-game, buy-side firms have expressed interest in engaging with it. “Increasingly, we are working with asset management firms to provide tools and capabilities for parsing and understanding alternative datasets without necessarily having to build machine-learning capabilities from scratch,” says Sufyaan Kazi, asset management lead for Google Cloud in the UK.
Read the full article on WatersTechnology.com