A $525 billion German banking behemoth wants to use robots to write its research reports
|06/25/2018||Posted by BusinessMediaguide.Com under General World News||
- Germany’s second largest bank, Commerzbank, is exploring the use of artificial intelligence to write analyst reports.
- Commerzbank has partnered with Retresco, a content-automation company to work on a way of creating research reports using AI.
- The bank’s dive into AI-driven analyst reports comes at a time when major lenders are striving to differentiate themselves from their competition in response to the arrival of MiFID II earlier in 2018.
Commerzbank, Germany’s second largest bank, is exploring the use of artificial intelligence to write analyst reports, in another sign of a shift in how major financial institutions conduct their research.