Artificial Intelligence, a support for human activities
One of the problems of Artificial Intelligence is the step that it can take on the work of men. The goal of Artificial Intelligence is above all to support human activity.
At Robank Hood, we have invested in Artificial Intelligence following two observations:
- Firstly, traders, in their daily work, perform relatively time-consuming tasks. This requires a high investment of time and has no real added value for the trader.
- Moreover, traders are confronted with a strong psychological and emotional risk in view of the sums they handle on a daily basis and the risks linked to the volatility of financial markets.
ANA, the Artificial Intelligence of trading, has two major roles:
- First, take care of the time-consuming tasks performed by traders. This way, financial professionals will be able to focus on the implementation of a trading strategy.
- To ensure true financial risk management. We have set up ANA to take less risk than a human could.
In this way, our AI is a real support to the trader’s job: a decision support tool that eases the daily life of traders.
Data security
In a digital age where data is increasingly exploited by companies, it is necessary for Internet users to know what companies do with the information they collect. Since AI is not familiar with the concept of ethics, it is important to put these human values back at the center of Artificial Intelligence development projects.
At Robank Hood, the data fed to our Artificial Intelligence is financial and geopolitical data. This data comes directly from the financial markets. It is public, available and open to all.
Ethics and Artificial Intelligence
Another issue that arises from the use of Artificial Intelligence is ethics. Behind every Artificial Intelligence is a human. At Robank Hood, the trading AI was developed by our expert team. During the R&D phases of the solution, we worked with an ethical perspective: to allow speculative investments to serve the real economy. Thus, through automatic trading, our objective is to allow young companies and start-ups to benefit from financing directly from trades in order to help them develop their business.
Learn more about Artificial Intelligence and its evolution.