BNP Paribas Launches New AI System for Enhanced Trade Processing Services

[kreslik.news]

BNP Paribas Securities Services has launched ‘Smart Chaser’, a new artificial intelligence tool to boost its trade processing services and increase efficiency in the trading system. Smart Chaser is a trade matching and predictive analysis tool that identifies trades which may require manual intervention, based on historical data.

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Trade matching is a comparison of trade details between client, broker, and middle office. The matching must be performed in a timely manner or a trade will require manual intervention.

The new technology will ... (read more)