Public and private cloud are high on the agendas of capital markets firms (often as explicit hybrid cloud agendas). The massive scaling and innovative pricing of public cloud platforms can substantially accelerate time to market and reduce costs. Private cloud frameworks like Kubernetes promise greater business agility, as well as cost savings through higher utilization.
STAC's working definition of artificial intelligence (AI) encompasses both neural approaches like Deep Learning as well as non-neural machine learning approaches such as gradient boosted trees and genetic algorithms.
The financial markets were early adopters of AI, and its use is growing: growing in the number of organizations using AI techniques, the range of techniques being deployed, and the purposes they are putting them to.