NASDAQ President: Artificial Intelligence has increased productivity by 10%-20%

Nasdaq President Tal Cohen stated that artificial intelligence has helped Nasdaq increase productivity by approximately 10%-20%. During a panel discussion at the Singapore Fintech Festival, Cohen introduced the major investments in artificial intelligence made by this securities exchange operator, focusing on data, cloud technology, governance and employee skill enhancement. Cohen said: "This has always been one of our main focuses and our positioning for the past decade, not only around artificial intelligence but also more broadly around automation. The U.S. Securities and Exchange Commission is also considering predictive analytics in our market, which can be leveraged by artificial intelligence."