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Now, artificial intelligence replacing hedge fund managers

Hedgeloop, Accuracap and other entities are pioneering a growing market and attracting much interest from businesses by using software to make informed decisions in this area

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The shift is driven by Artificial Intelligence's growing importance in areas like self-driving cars and voice assistants such as Siri | Photo: istock

Romita Majumdar Mumbai

Last Updated : Sep 12 2017 | 1:25 AM IST

Vishnu Bodapati decided there wasn’t enough informed guidance in the market to help him decide on the best investment areas. So, he brought a senior scientist, an economist, and a mathematician together, to help build an artificial intelligence (AI) model that would learn to make informed decisions for them.

Hyderabad-based Hedgeloop, which he established in 2015, is discussed in hushed tones across investment circles. For, their high-end and deep learning-driven software is helping brokers make better decisions.

“It’s important for companies delving in fintech to have a very good understanding of customer analytics, as well as a fantastic algorithm and AI, to

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