"The program, called Deal Link"

Started by Mackin USA, June 14, 2017, 07:59:51 PM

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Mackin USA

Goldman Set Out to Automate IPOs
How's that for CLICK BAIT  ;D

Investment banking has long been thought to be an industry where automation would have a tough time replacing human workers.

But Goldman Sachs has found a way to streamline IPOs — one of its most lucrative businesses — by automating some of the most repetitive and labor-intensive tasks.

According to a new report by Bloomberg, roughly half of the steps that Goldman Sachs investments bankers go through during an IPO have been automated, eliminating thousands of human work hours.


https://www.bloomberg.com/news/articles/2017-06-13/goldman-set-out-to-automate-ipos-and-it-s-come-far-really-fast
Mr. Mackin