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Artificial intelligence techniques in finance and financial markets: A survey of the literature
Author(s) -
Milana Carlo,
Ashta Arvind
Publication year - 2021
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/jsc.2403
Subject(s) - economics , financial services , financial market , finance , welfare , financial crisis , covid-19 , business , financial economics , macroeconomics , market economy , medicine , disease , pathology , infectious disease (medical specialty)
Both academic and nonacademic literature is evolving following the oscillating development of artificial intelligence (AI) and computing power's evolution in their application to finance and financial markets. The limits to economic growth encountered after the financial crisis and, successively, the recent pandemic bursts have posed new challenges to AI‐related technologies. The surveyed publications have given hope in harvesting improved efficiency, new data, information, advisory and management services, risk mitigation, and some unanswered questions regarding negative impacts on sustainable growth and increasing economic welfare.