Thursday, May 30, 2024
George Gvishiani
Wharton Alumni AI Studio Presents:
An event with Gil and Mitas of the ficc.ai.
We will pick some of the topics below and discuss the major implications of AI.
AI-Assisted Tools for the Bond Market Participants
Trader's Assistant
Real-time, accurate pricing service for municipal bonds Models updated evaluation pricing in real time
Pre-trade analysis to identify alpha and verify prices before execution
Trader assistant ensures trades are filled at reasonable levels
Portfolio Manager's Guide
Tools for strategic portfolio optimization and resource allocation
Assistance with portfolio construction and rebalancing
Integration of AI-assisted tools into the portfolio management workflow
Case studies of AI adoption at investment firms
Compliance Officer's Best Friend
Compliance as a Service (CaaS) for the fixed income market
Best execution reporting using ficc.ai's compliance tool for internal audits and regulatory compliance
Post-trade analysis to verify transactions were executed in line with market conditions
Technology Overview
Reliable and valuable input data for automation
Real-time and accurate evaluated prices based on trade size
Dynamic market valuations, moving away from static pricing
AI Deep Dive
State-of-the-art artificial intelligence developed and maintained in-house
Models trained to provide accurate prices on-demand
Outputs include estimated bid, ask, and proprietary ficc.ai price predicting inter-dealer trade levels
Flexible system for pricing individual bonds, lists of bids or offers, and entire portfolios
Products available via API or custom-integrated solutions
Gil Shulman (WG08)
CTO
Gil Shulman is Chief Technology Officer at ficc.ai
Prior to starting ficc.ai, Gil spent six years at Microsoft AI and in the Amazon core machine learning team, where he drove initiatives to apply state-of-the-art artificial intelligence techniques to real-world applications with several hundred million users.
Earlier, Gil founded Amobee, the world’s first mobile advertising company, sold to Sing-Tel for $324mm. He started his career as a software engineer and has an MBA from the Wharton School, University of Pennsylvania.
Mitas Ray
Founding Principal Scientist
Mitas Ray is a Founding Principal Scientist at ficc.ai
Prior to joining ficc.ai, Mitas was a researcher at the University of Washington in Seattle, working on machine learning methods for sequential decision making and decision-dependent optimization. Mitas holds a M.S. from the University of Washington. Immediately after earning his B.S. in computer science from the University of California, Berkeley, Mitas was appointed as a lecturer there.
