Stefano Iabichino

Stefano Iabichino, Director of the QS team at UBS, dives into the intersection of AI and finance. He discusses designing finance-first neural networks that adhere to no-arbitrage principles. Stefano critiques conventional AI for its pattern reliance, emphasizing the imperative of no-arbitrage across market regimes. He highlights the use of each neuron as a representation of future market states and explores practical applications in hedge funds, including learning market probabilities and innovative stress-based risk management. His research aims for coherence in financial AI models.