Bank disruptors: Crédit Ag taps AI to lure swaptions business
Machine learning model predicts client demand with high accuracy, giving traders an edge in pricing
This is the seventh profile in our ‘Bank disruptors’ special report. Scroll to the bottom of the introductory article to view others in the series.
Crédit Agricole’s Corporate and Investment Bank (CIB) is used to picking its battles. Like many of its peers, the French lender has been steadily shedding risk and cutting the capital it allocates to its once derivatives-heavy markets business.
That makes the job of Thomas Spitz, the bank’s global head of hedging and investment solutions, rather
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