Ai solutions Artificial Intelligence Based Services for Real-Time Banking

KENSHO

Location: Cambridge, Mass.

How it's using AI in finance: Kensho provides machine intelligence and data analytics to leading financial institutions like J.P. Morgan, Bank of America, Morgan Stanley and S&P Global.

Kensho’s software offers analytical solutions using a combination of cloud computing and natural language processing (NLP). The company's systems can provide answers to complex financial questions in plain English.

Industry impact: Traders with access to Kensho's AI-powered database in the days following Brexit used the information to quickly predict an extended drop in the British pound, according to a 2017 Forbes article.  In March 2018, S&P Global announced a deal to acquire Kensho for roughly $550 million. 

 

Ayasdi