Here's how AB uses AI to get an edge, save analysts hours of work, and improve risk management.
Seven years ago, the massive money manager AllianceBernstein set out on a mission to transform itself with AI and data science.
The move would save AB hundreds of thousands of dollars and help its investors seek an edge with the $704 billion assets they manage.
Chin lifted the hood on the asset manager's AI strategy and use cases.
For instance, one signal compares regulatory filings for differences in company strategy or management.
Persons:
AllianceBernstein, Andrew Chin, Chin, Larry Fink, terminations, It's
Organizations:
Wall Street, Vanguard, Fidelity
Locations:
BlackRock