OCBC Securities has launched an artificial intelligence -powered stock-picker tool that could help the brokerage triple its base of active Singapore investors over the next three years.
It uses deep learning algorithms to identify and predict market patterns to develop an extensive understanding of the investors’ trading patterns. AI Oscar analyses a range of factors for its predictions, including risk appetite, past trading activity and demographic information. OCBC Securities said the tool could help the brokerage reach its goal of tripling its pool of active investors over the next three years.
“Investors already have access to a wide range information, but the challenge lies in being able to find the information relevant to them, and to distil it into an actionable trading idea,” said Wilson He, Managing Director of OCBC Securities. “We expect it to become an indispensable tool especially for digitally savvy young investors who prefer the self-service model.”...there are many ways you can work with us to advertise your company and connect to your customers.
Source: Tech Daily Report (techdailyreport.net)
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