W&F Q3 2021

www.wealthandfinance-news.com Wealth & Finance International - Q3 2021 13 12 Wealth & Finance International - Q3 2021 Squirro Launches AI Week 2021 Including Executive Masterclasses for Business Leaders to Get More from AI AI is fueling lightspeed transformation across industries; revolutionising business strategy, development, and growth AI Week takes place from October-5 to October-8, featuring industry leaders showcasing best practices in AI implementation and a series of hands-on workshops and success cases Zürich, 25 August 2021. Squirro, the Augmented Intelligence solutions provider, has announced the launch of its inaugural AI Week 2021, a virtual event designed to showcase AI best practices and provide interactive masterclasses that enable business and IT leaders to get more from AI and Machine Learning (ML). AI Week 2021 takes place between 5-October and 8-October and is split into two parts. On the 5th and 6th of October, speakers from international organisations, including Standard Chartered Bank, Bank of England and Armacell, will share their own AI implementation experiences and provide guidance on how to accelerate AI programs. Specific sessions include AI-Driven Banking Customer Service, Turn Your Data Investments into Revenue, and Visionary Women in AI. Then, from 6-October to 8-October, a series of exclusive executive masterclasses will take place, all designed to enable business and IT executives to get the most from AI and machine learning. A selected group of participants will benefit from hands-on workshops, led by Squirro AI experts, and live case studies from world-leading organisations to learn and understand how to maximise outputs with AI in their organisation. “AI is fueling lightspeed transformation across industries; revolutionising business strategy, development, and growth,” said Dorian Selz, CEO, Squirro. “AI Week 2021 brings together c-suite speakers of the highest calibre to share best practice expertise gained from their own AI journeys and provides attendees with the chance to understand how best to use AI themselves. Executive masterclass participants will gain the skills necessary to identify opportunities for data science in their business and learn about the tools to prioritise and successfully execute on those opportunities.” The executive masterclasses at AI Week 2021 will provide business and IT leaders with a range of skills to improve decision-making, extract greater customer insight, and apply AI to challenges within the business. Presented by business and IT leaders, together with Squirro experts vastly experienced in AI rollouts and techniques, the sessions are available across three regions - APAC, Europe, and North America – and will be tailored to specific information provided by the approved applicants beforehand. “AI and ML provide opportunities across industries and departments, and can make a vast and tangible impact on any organisation,” continued Dorian Selz, Squirro. “Our masterclasses will provide business and IT leaders with insights about best-in-class strategies and guidelines about how to successfully implement AI and ML for the business.” Registrations for AI Week 2021 are open here, while those interested in participating in the executive masterclasses can apply here. Dollar soft as Delta fears ease ahead of Jackson Hole The dollar index, which measures the currency against six rivals, edged up 0.05% to 92.867 By Kevin Buckland, Reuters News The dollar index, which measures the currency against six rivals, edged up 0.05% to 92.867 after dropping to 92.801 overnight for the first time since Aug. 17. The Australian dollar, sometimes viewed as a barometer of risk appetite, slipped 0.07% to $0.7269, not far from a one-week high of $0.72805 reached the previous day. Investors have turned more positive on the outlook since the U.S. Food and Drug Administration fully approved the COVID-19 vaccine made by Pfizer and BioNTech on Monday, in a move that could accelerate U.S. inoculations. Full approval of other vaccines are set to follow shortly, and on Tuesday, Dr. Anthony Fauci, the top U.S. infectious disease expert, said COVID-19 could be under control by early next year. Overnight, data showed new orders for key U.S.-made capital goods were steady in July, while an acceleration in shipments suggested business investment in equipment could offset an anticipated slowdown in consumer spending and keep the economy on a solid growth path in the third quarter. Against the euro, the dollar was little changed at $1.17685 on Thursday, after touching a one-week low of $1.1775 the previous day. It was also largely flat at 109.975 yen, another safe haven currency, meandering near the centre of its trading range since early July. The focus at Friday’s symposium in Jackson Hole, Wyoming will be Fed Chair Jerome Powell’s speech, which will be parsed for clues on the timing and pace of tapering of monetary stimulus. Signals that Fed officials viewed a taper this year as most likely had helped buoy the dollar index to a 9-1/2-month high of 93.734 last Friday. That was before Dallas Fed President Robert Kaplan, among the U.S. central bank’s most forceful advocates for starting to reduce support for the economy, said he may need to adjust that view if the coronavirus slows economic growth materially. Still, many market watchers say the dollar has yet to peak. “I don’t think Powell or anyone else at the Fed is going to be too aggressive in their language about tapering any more,” said Kyle Rodda, an analyst at IG Markets. “The dollar keeps moving higher in my opinion just on the basis that sooner or later the Fed is going to taper.” Some analysts even suggest a delay itself could strengthen the dollar. “While this would be a USD negative factor on one hand, Delta worries may simultaneously increase the safe-haven appeal for the USD,” Jane Foley, a strategist at Rabobank, wrote in a research note. “While pullbacks are likely to be par for the course, we see scope for EUR/USD to head towards $1.16 on a six-month view.”