Terminator Comes To Wall Street As Firms Try Out Automated Analyst Reports

Leading Wall Street firms are trying out research reports written by artificial intelligence, with a few start-ups offering software to generate company summaries for research database.

Some analysts wonder whether the financial analyst community could be decimated by algorithms.

Wall Street automating research report using artificial intelligence

Thanks to growing automation in financial services, computers and algorithms have taken on some of the traditional work of traders, clerks and financial advisers. However, recently a host of start-ups that use artificial intelligence to write news stories and other reports are training their eyes...