Chennai: Financial markets worldwide are undergoing digital transformation, with huge adoption of AI and ML solutions across algorithmic trading and portfolio management, market analysis and intelligent forecasting, capital optimisation, risk management, regulatory compliance, customer service, etc.
AI, which is at the centerstage of cognitive technologies disrupting global financial markets, is democratising access by unlocking greater efficiency, safety and performance, lowering entry barriers and driving increased fluidity.
Forbes predicts the value of AI technology in the sector to grow at 23.37 per cent CAGR to $22.6 billion by 2025 (link). In APAC alone, spending on AI will touch $4.29 billion by 2024, with India being a key player, according to an IDC report (link).
However, lack of skilled talent has been cited among the key obstacles to AI technology adoption in financial markets.
An InsightBrief report cites a global survey where 54 per cent of respondents cited stakeholdersā lack of understanding and 52 per cent cited lack of necessary skills as main challenges for AI deployments.
To solve this problem, TalentSprint, a leading NSE Group EdTech company, along with NSE Academy, the education arm of National Stock Exchange of India Ltd., have designed The Advanced Certification Program in AI for Financial Markets.
The six-month program is an opportunity for professionals working in hedge funds, investment banks, stock markets, commodity markets, derivatives, insurance, forex, money markets, fintech start-ups, NBFCs, and regulators, to build deep AI expertise.
Led by Dr Anand Jayaraman, a global data analytics consultant and educator, quant trader and portfolio manager, the program will be taught by leading academicians and industry practitioners through a case-study based curriculum.