04-02-2019 15:59 via feedproxy.google.com

Wall Street's AI dreams are running into the cold reality of thousands of databases and messy data

JPMorgan co-president Daniel Pinto spoke to Business Insider recently about the complexity of making usable the massive amounts of data that the bank collects from customers. 
Artificial intelligence can only be unleashed once data is made usable in a clean and consistent way, Pinto said. Wall Street's dream for artificial intelligence is running into the hard facts of what's needed to bring it to life. 
At JPMorgan, the largest US bank, there are thousands of databases that still
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