Goldman Sachs Exchanges cover image

A conversation with Renaissance Technologies CEO Peter Brown

Goldman Sachs Exchanges

NOTE

Automating Financial Processes and Margin Calculations

The speaker discusses how they automated various financial processes, such as replicating counterparty's margin calculations, using AI systems to read and pay invoices, and automating the Treasury Department for cash and margin management. They emphasized the unnecessary involvement of humans in translating trades to monthly statements and highlighted the ongoing effort to reduce Excel usage and eliminate spreadsheets by 97% in the company.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner