Nasdaq President: artificial intelligence has increased productivity by 10% -20%

Nasdaq President Tal Cohen said that artificial intelligence has helped Nasdaq increase productivity by about 10-20%. Cohen presented the major artificial intelligence investments made by the stock exchange operator during a panel discussion at the Singapore Fintech Festival, with a focus on data, cloud technology, governance and employee upskilling. "This has been a big focus for us and is where we have positioned ourselves over the past decade, not just around artificial intelligence but more broadly around automation," Cohen said. "The Securities Exchange Commission is also looking at predictive analytics in our markets, and artificial intelligence can leverage that." (Golden Ten Data APP)