
Citi, Ant International pilot AI-powered FX tool for clients to help cut hedging costs
SINGAPORE (Reuters) -Citigroup and Singapore-based financial technology firm Ant International have launched a pilot program using artificial intelligence to help clients better manage foreign exchange risk, the companies said on Friday. The program combines Citi’s Fixed FX Rates solution, which is widely used by the banks’ clients in sectors such as e-commerce, with Ant International’s Falc ...