Financial modelling with AI

Editor’s note: This article is Part 2 of a three-part series on financial modelling with AI. Part 1 looks at the limitations of using AI when modelling; and Part 3 looks at the test and implement stages after the model has been built.

Last time, in Part 1 of this series, I addressed the most common questions that are asked surrounding automating the development of a financial model or spreadsheet using artificial intelligence (AI). We concluded it can help, but you need to understand the current limitations, risks, and required checking/auditing procedures you should implement in such instances. It was arguable whether it was quite ready to take over this process yet and whether it would take more time to implement than it would save.

This time I want to consider how AI can help in the stages before you actually build a model.

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