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 In the field of investment banking, automating tedious manual processes is not a new phenomenon or attempt. For instance, junior bankers slogging over financial models have often turned to macros to simplify the process somewhat. This however far from eliminates the several hours required to be spent staring into a screen, as the time saved is not that significant. The process largely remains high on the usage of labor and time. Can artificial intelligence simplify the work of investment bankers? AI in investment banking is not as far-fetched a concept as it may seem. Back in October 2017, American investment banking firm Bank of New York Mellon Corporation – more commonly known as BNY Mellon – announced that across its portfolio, it was automating tasks and reducing the tedious manual effort that its employees needed to expend, by putting into place more than 250 robotic process automation (RPA) systems. Of these 250-odd processes, around 220 were developed by Blue Prism. BNY Me...