Joseph Botkier explains the future of trading belongs to Artificial Intelligence

Joseph Botkier is the Chief Executive Officer and Vice Chairman of FXDirectDealer, LLC. Mr. Botkier has also served as the Executive Vice President and Deputy General Manager of Bank Brussels Lambert, New York. Joseph Botkier served as General Manager of Treasury at Bank Cariplo and Vice President and Treasurer at Credito Italiano. He holds a BS degree in Mathematics and received his advanced studies from The American Institute of Banking.

Mr. Botkier is highly skilled and perceptive in fostering and maintaining long-term relationships with major Banks and Fortune 500 Companies, building organizational infrastructures to drive and sustain revenues. Joseph Botkier brings over 25 years of hands-on professional and management experience in the Banking and Currency Industries.

Over the years, the world of trading has evolved to leverage technology to create a differentiated advantage. In the recent past, AI and alternate data analytics have emerged as powerful ammunition and have expanded across the domains of trade strategy, trade execution, settlement, compliance, operations, and customer engagement.

A comprehensive research tool with a Natural Language interface can dig through heaps of research data to help answer investment and research questions for traders. Hedge funds to are jumping into the AI bandwagon. Some of these hedge funds use Deep Learning, a subset of AI to manage their portfolio. They use it to model and predict the fundamentals of companies to connect relevant data points and make market predictions to identify trading recommendations.

Several firms have also started using alternate data to augment trading strategy” says JosephBotkier. The high use of intelligent search platforms and tools that can generate market insights and conduct behavioral analysis are helping organizations to identify trading opportunities at a phenomenal speed.

Interestingly, AI is also helping in the behavioral analysis of traders and will play a significant role in the future of trading. There’s no doubting the fact that AI is becoming all-pervasive. Joseph Botkier adds on “the world of trading has evolved to leverage technology, especially with AI and alternate data analytics that have emerged as powerful ammunition”.