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Using A.I. to Address the Compliance Challenge

“Historically for a lot of these artificial intelligence tools, they were very bespoke builds — and a lot of them still are. What we’re really working on is taking the concepts and building more generic tool sets that you can provide to lots of different people.” 

As regulatory scrutiny spreads to more asset classes, so too do the challenges for compliance teams. Tony Sio, head of exchange and regulator surveillance with Nasdaq, believes artificial intelligence is the way forward.

Artificial intelligence has been around in varying forms for years, but it was not accessible to firms due to the associated costs to build and maintain. It is only of late the technology is being democratized for broader use. This bodes well for those reeling from compliance costs as A.I. represents a chance to leverage existing manpower in the search for manipulative trading practices.  

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Graduate of University of Minnesota School of Journalism and Mass Communication