NEWS

BACK TO NEWS LIST

Emotionally Invested

BBC Technology of Business features Sybenetix as the pioneer in providing big data and behavioural finance to both invest more wisely and ethically. The story explores how a new wave of companies are enabling fund managers to overcome cognitive biases. Sybenetix’s technology is highlighted as both helping investment professionals understand the cost of their biases in terms of profit and also helg to root out misconduct.

The story quotes Taras Chaban, chief executive of Sybenetix, as saying "Since the financial crash, all of these investment management companies are being hit by government regulations about conduct and market abuse. But our system can look for outliers in normal trading patterns and flag them up right after the trading activity happens so clients can investigate them."

The story also asks whether ‘artificial intelligence (AI) could one day enable robo-investors to harness aspects of human intuition and edge humans out of the picture.’ "There's no way it'll happen soon; we're talking about hundreds and hundreds of years for technology to reach that point," states Taras Chaban.

You can read the BBC story here