In the wake of the success of IBM’s Watson system in its recent Jeopardy! challenge, Jes Staley - Head of Investment Banking at JPMorgan Chase - recently said, “[AI] will be coming soon to a bank near you,” and it will be a “Technology Revolution.” The question from Wall Street is no longer whether the world’s largest banks and hedge funds will invest aggressively into AI solutions. They’re answering clearly that they will, and that they want to do so now. Today, the only questions are, “Which AI technologies will predominate? And why?” Lucid has offered Cognizing Trading Desks and Intelligent Portfolio Optimization to some of the largest banks and hedge/sovereign funds in the world.