The Caisse de dépôt et placement du Québec, alongside equity firm Georgian Partners, is investing $45 million in Montreal-based technology startup TrackTik Software Inc. TrackTik, which provides cloud-based management software to security service companies, will use the financing to develop new products in artificial intelligence and machine learning technologies, with the aim of simplifying operations and maximizing profitability for […]
Seventeen years after Steven Spielberg’s A.I. Artificial Intelligence, the concept of AI has evolved from a figment of our imagination to a topic that is heavily discussed with its current and increased use in the financial services industry. While much of the initial hype around AI focused on flashy robotics, many of the advances made […]
About two-thirds of human resources executives believe the industry has undergone, or is undergoing, digital transformation, according to a report by KPMG. The report, which surveyed more than 1,200 senior HR executives from 64 countries across 31 industries, found 40 per cent of respondents have a digital work plan in place. In fact, 70 per cent said they […]
The Caisse de dépôt et placement du Québec is entering into a strategic partnership with Mila, the province’s artificial intelligence institute, to support and accelerate the development of AI in Quebec. Mila will set up the new Axe IA in the O Mile-Ex complex in Montreal. The projects chosen to be housed there will have to demonstrate their potential for […]
Artificial intelligence is capable of improving the operations of asset managers and owners in many ways, according to a new whitepaper by Northern Trust Corp. Both back and middle office operations can use data strategies to boost productivity, drive revenue, improve security and manage risk, stated the paper. One key was is analyzing data, with companies using […]
Canada Pension Plan Investment Board is “embracing disruption” and looking to cash in on emerging shifts in the global economy, such as a move towards autonomous cars and a growing, aging population. The board benefits from a long-term investment and can look beyond any market cycle and invest based on large structural changes that will “fundamentally […]
Virtual health-care platform Dialogue is acquiring DXA Inc., a triage, medical charting and diagnosis technology company. DXA’s artificial intelligence-powered platform, which replicates how an emergency room doctor thinks, has been added to Dialogue’s platform. It can be used in doctor-patient interactions ranging from primary to chronic and specialized care. Read: New virtual health-care program aims to save employee […]
Buck is introducing a new online platform for its plan sponsors to help manage their human resources operations. The web and online-based platform aims to aggregate a plan sponsor’s health, wealth and career programs. It offers employers access to custom dashboards and model scenarios so they can see how well their programs are performing. “The HR industry is […]
In 2018, there have been over 250,000 unique English articles focused on ESG issues across 8,000 companies according to data from TruValue Labs. But how does public sentiment influence the market pricing of firms’ sustainability activities? Harvard Business School Professor George Serafeim explores the relationship between public sentiment and how markets value corporate sustainability activities […]
The Canada Pension Plan Investment Board is partnering with the Creative Destruction Lab to deepen its knowledge of cutting-edge technologies. Founded by Ajay Agrawal, a professor at the University of Toronto’s Rotman School of Management, the CDL is a seed-stage investment program, connecting science-based business ideas with investors. “This is a unique partnership,” said Sonia Sennik, […]