AI agents can manage liquidity, researchers find
BIS/BoC paper encourages policy-makers to lay groundwork for broader adoption in financial markets
Generative artificial intelligence can be used to perform intraday liquidity management in a wholesale payment system, researchers have found.
In their working paper, published on November 26, Iñaki Aldasoro of the Bank for International Settlements and Ajit Desai of the Bank of Canada detail what happened when they asked Chat GPT what should be done in the event of liquidity shocks.
In their first simple experiment, the AI agent decided that two small payments should be delayed to preserve
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