Quantitative Methods, Super Computers and AI in Finance

Based on a range of sources, including seminars organized by UNICOM and the Royal Statistical Society, and bringing together leading experts in the field, this work aims to show how recent developments, such as those in parallel processing, can be applied successfully to finance. The text begins with a general overview of the subject before going on to analyze the evolution of portfolio-management thinking. Papers then discuss the key areas in the use of pricing models in differing contexts, the application of IT to portfolio-management analytics, and the use of artificial-intelligence techniques in financial planning.
 
Based on a range of sources, including seminars organized by UNICOM and the Royal Statistical Society, and bringing together leading experts in the field, this work aims to show how recent developments, such as those in parallel processing, can be applied successfully to finance. The text begins with a general overview of the subject before going on to analyze the evolution of portfolio-management thinking. Papers then discuss the key areas in the use of pricing models in differing contexts, the application of IT to portfolio-management analytics, and the use of artificial-intelligence techniques in financial planning.