Artificial intelligence (AI) is frequently touted as a silver bullet to solve complex modeling problems. Among its many applications, it has been investigated as a tool to manage risks of complex investment products—so-called derivative contracts—in the investment banking area. Despite the multiple positive reports in this area, concerns have been raised about their practical applicability.Artificial intelligence (AI) is frequently touted as a silver bullet to solve complex modeling problems. Among its many applications, it has been investigated as a tool to manage risks of complex investment products—so-called derivative contracts—in the investment banking area. Despite the multiple positive reports in this area, concerns have been raised about their practical applicability.Business[#item_full_content]
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