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
Military Community Shows Financial Resilience, Growing Savings By 19% And Cutting Credit Card Balances By 23% Over Last Five Years, New USAA Bank Data Shows
USAA’s Military Financial Wellbeing Index highlights the impact of pandemic-era trends and inflation on service member... Read more
USAA Announces Scholarship For Military Spouses With Valero Alamo Bowl
San Antonio-area military spouses qualify to apply for a $7,500 scholarship. Read more
USAA Ranked #1 In Customer Satisfaction And Most Trusted On 2024 J.D. Power Individual Annuity Study
Nov 01 2024 SAN ANTONIO – USAA, a leading provider of insurance, banking, and retirement... Read more
USAA Calls For National Moment Of Veteran Connection On Veterans Day
On Nov. 11, “Connect with a Veteran” calls for all Americans to “Go Beyond Thanks” to show appreciation for thei... Read more
Two Way Street: New Survey From USAA Shows Driving Apps Help Connect Parents And Young Drivers On Importance Of Safe Driving, Leading To Safer Roads
Data Reveals 87% of App-Using Parents Feel Their Child’s Driving Improved, Citing Increased Awareness and Feedback Read more
USAA Named UTSA Athletics Official Military Appreciation Partner
Exciting new initiatives planned as part of partnership Read more