Bloomberg tech chief says AI could streamline 80% of analyst workload

The market data powerhouse think fresh technology could revolutionise how junior bankers do their jobs Photo: Getty Images

Bloomberg is building artificial intelligence tools that could streamline 80% of an analyst’s workload, its chief technology officer has said.

In a wide-ranging interview, Shawn Edwards told Financial News that applying generative AI to so-called unstructured data also had the potential to boost researchers’ productivity tenfold in some areas.