Demonstrate the differences
The next step is to combine detailed knowledge of all the positions held by a bank with information on the individuals who decide on those positions, creating a risk management AI engine with knowledge of risk, positions, and human capital.
Offer a money-back guarantee
While we still have some way to go toward that end, most of the necessary information is already inside banks’ IT infrastructure and there are no insurmountable technological hurdles along the way.
Test your offer and price, and be creative.
All that is left is to inform the engine of a bank’s high-level objectives. The machine can then automatically run standard risk management and asset allocation functions, set position limits, recommend who gets fired and who gets bonuses, and advise on which asset classes to invest in.