Title
FinBrain: when finance meets AI 2.0
Abstract
Artificial intelligence (AI) is the core technology of technological revolution and industrial transformation. As one of the new intelligent needs in the AI 2.0 era, financial intelligence has elicited much attention from the academia and industry. In our current dynamic capital market, financial intelligence demonstrates a fast and accurate machine learning capability to handle complex data and has gradually acquired the potential to become a “financial brain.” In this paper, we survey existing studies on financial intelligence. First, we describe the concept of financial intelligence and elaborate on its position in the financial technology field. Second, we introduce the development of financial intelligence and review state-of-the-art techniques in wealth management, risk management, financial security, financial consulting, and blockchain. Finally, we propose a research framework called FinBrain and summarize four open issues, namely, explainable financial agents and causality, perception and prediction under uncertainty, risk-sensitive and robust decision-making, and multi-agent game and mechanism design. We believe that these research directions can lay the foundation for the development of AI 2.0 in the finance field.
Year
DOI
Venue
2019
10.1631/FITEE.1700822
Frontiers of Information Technology & Electronic Engineering
Keywords
DocType
Volume
Artificial intelligence, Financial intelligence, TP391
Journal
20
Issue
ISSN
Citations 
7
2095-9184
1
PageRank 
References 
Authors
0.34
13
5
Name
Order
Citations
PageRank
Xiaolin Zheng130036.99
Meng-ying Zhu211.35
Qi-bing Li310.34
Chaochao Chen411519.04
Yan-chao Tan510.34