AI Tools in Finance – what they do and how they work

Summary

AI is becoming essential for the FS industry. 2023 is considered the year where AI really picks up in most industry, comparable to the year 2007 and the first smart phone. But where can AI be really contributing value in a bank? This event shows real cases in banking, what the do and how they work. No theory, but practical experiences.

Presenters

• Alexander Eisele, Analytics and Quant Modelling at UBS AM Investment Solutions.
  Alexander received his PhD from the Swiss Finance Institute where his research focused on mutual funds, hedge funds as well as alternative trading strategies and was published in top finance journals like the Journal of Financial Economics. In 2015, Alexander joined UBS Asset Management. The focus of his current role in UBS AM Investment Solutions is to drive and support portfolio construction, tactical asset allocation, and manager selection using technology and data.
• David Marcos, Head of Advanced Analytics & Artificial Intelligence at Lucht Probst Associates.
  David is a leading industry expert in the field of Trading with Artificial Intelligence. His work is focused on applying innovative machine learning techniques to Trading and Portfolio Management, such as using Reinforcement Learning for optimal execution.
  Prior to joining LPA, he founded Quantoro Technologies, worked at the trading floor of UBS Asset Management, and worked as a quantitative trader in various hedge funds, such as Bluecrest Capital Management.
  He holds a PhD in Theoretical Physics and a MSc in Mathematical Finance by the University of Oxford, with his academic work having received more than 2000 peer-reviewed citations to date.
• Marc Schwarz, CFO & CRO at Entris Banking.
  Marc received his PhD from the Institute of Banking and Controlling at the University of Basel. He then worked as a manager for 4 years for the management consultancy zeb before taking over as Head of Market Risk at Raiffeisen Switzerland Group. In 2011, he moved to Thurgauer Kantonalbank, where he built up the Treasury/ALM department, which he headed for 11 years. 2021 he was elected CFO and CRO and member of the Executive Board at Entris Banking AG and Entris Holding AG. He is also member of the board of trustees of Privor-Pension Fund and lecturer at the Lucerne University of Applied Sciences and Arts.

moderated by Sandro Schmid.

Agenda

17:45 Doors open – name tag collection
18:00 Welcome (Sandro Schmid)
18:10 News sentiment analytics in a multi-asset investment process (Alex Eisele)
18:25 AI in Trading (David Marcos)
18:40 «Deep Treasury» – reinforcement learning in Asset liability Management (Marc Schwarz)
18:55 Panel discussion / Q&A (all including guests)
19:30 Networking drinks (all)
20:30 end

Chapter Event

In our chapter events – access for members only – we present one or more speakers to share knowledge, updates and best practices on a specific risk topic. In small groups of risk professionals you can exchange thoughts and test ideas. More on SRA chapters. This event is hosted by the chapter Digital Age.