An accomplished financial executive, Warren Lammert serves as the chief executive officer, chief investment officer, and portfolio manager at Granite Point Capital, a Boston investment firm. In addition to leading Granite Point Capital for more than 15 years, Warren Lammert maintains membership with the Chartered Financial Analyst (CFA) Institute.
The leading worldwide professional association for investment management professionals, the CFA Institute recently released a global report titled “AI Pioneers in Investment Management” that emphasizes the growing role of artificial intelligence (AI) in the investment sector. The report stated that few investment professionals are employing advanced tools like AI and big data applications in their investment decision-making processes. However, CFA Institute surveys show that the investment community is keenly interested in the potential of AI and big data, but recognize the challenges in implementation.
In the future, successful investment firms will better combine the expertise of investment and technology professionals across their full range of investment strategies and processes, said Larry Cao, a senior director at the CFA Institute. To achieve those goals, firms will need to budget for the large up-front investments in advanced technology and recruit the talent with the skills to implement and use AI systems. In addition, management will need to supply the vision and the time needed to move forward with integrating AI and big data and overcome any challenges that arise.
The leading worldwide professional association for investment management professionals, the CFA Institute recently released a global report titled “AI Pioneers in Investment Management” that emphasizes the growing role of artificial intelligence (AI) in the investment sector. The report stated that few investment professionals are employing advanced tools like AI and big data applications in their investment decision-making processes. However, CFA Institute surveys show that the investment community is keenly interested in the potential of AI and big data, but recognize the challenges in implementation.
In the future, successful investment firms will better combine the expertise of investment and technology professionals across their full range of investment strategies and processes, said Larry Cao, a senior director at the CFA Institute. To achieve those goals, firms will need to budget for the large up-front investments in advanced technology and recruit the talent with the skills to implement and use AI systems. In addition, management will need to supply the vision and the time needed to move forward with integrating AI and big data and overcome any challenges that arise.