Financial Innovation Based on Artificial Intelligence Technologies

Abstract

Nowadays, the degree of the heated topic of artificial intelligence in the world reaches a new height. Due to the breakthrough of deep learning algorithm based on neural network, the level of artificial intelligence technologies has been enhanced significantly. The global financial industry is quietly changing under the catalysis of artificial intelligence. The frontier artificial intelligence technologies, such as the technology of expert system, machine learning and knowledge discovery in database are combed to explore the financial applications of artificial intelligence. Based on these key technologies, this paper proposed three applications of artificial intelligence in the financial field, including intelligent investment adviser, transaction forecast and financial regulation, discusses the key technologies of artificial intelligence and financial innovation products based on these technologies, such as the functions of the transaction prediction system based on artificial intelligence technologies include forecast analysis, index statistics, stock analysis and information retrieval, etc. The structures of the systems are drawn and the design principles are provided. Finally, to guard the safety of the applications of artificial intelligence, the paper gives the suggestions of enhancing identity authentication, introducing monitoring measures and limiting autonomy degree.