The four-day long Hong Kong Web3 Festival 2023 kicks off on April 12. Datayes participates in the festival and co-organizes the sub-stage 1 themed Technology Frontier: Integration of Web3, AIGC and Privacy Preserving Computing. Antony Tseng, Head of Engineering, QA, and Operations, Datayes, delivers the speech LLM AI in Finance: Exploring Applications of New AI Capabilities in Finance.

The past several months has witnessed the rise of LLM (Large Language Model) and the remarkable growth in its capabilities. An increasing number of tech companies have released their own LLMs one after another. LLMs have been able to do some investment related work accurately and creatively, including some innovative tasks, says Antony.

LLMs is capable for generative tasks, interpretation and analysis, logical reasoning, command and integration, tool usage, and product integration, explains Antony. He shows LLMs‘ interpretation and analysis by one of the newly released function in Datayes!Pro, the next-gen cognitive tech based data and information SaaS platform. The search engines empowered by LLMs can search, summarize and generate results, with sources labeled. He also shows LLMs’ logical reasoning by the financial statement analysis on one bank’s 2022 statement.

Natural language user interface becomes very likely in the immediate future, says Antony. LLMs will redefine user interface from GUI to NLUI, from Manual and Copilot to Autopilot, and for user to adapt will cease to exist and for AI to adapt will be here to stay. The barriers between unstructured and structured data will become thinner and thinner. As a result, investors and researchers can do their work more efficiently and there will be more time for them to do other work.

Datayes is a cognitive technology-based provider of data and information services for both institutional and individual investors. It has partnered with more than 2000 institutional investors and over 10 million individual investors globally. Its clients include leading institutions in securities, funds, banking, insurance, trust, and asset management.