Ant International’s FalconTST Model 2.0 Achieves SOTA, Elevating Predictive AI Application in Finance to New Levels
The model tops 93% forecast accuracy and is being folded into banks’ FX hedging tools for liquidity and cashflow management.
- Ant International launched Falcon Time-Series Transformer 2.0, which major global banks including Barclays, Citi, Deutsche Bank, and Standard Chartered have adopted to improve foreign exchange forecasting and liquidity management.
- Moving beyond traditional industry-specific models, FalconTST 2.0 learns common patterns across finance, retail, and energy sectors, enabling businesses to manage complex cash flow and foreign exchange exposure with greater confidence.
- Financial institutions report improved forecasting accuracy of more than 93% consistently after integrating the model, which achieved state-of-the-art performance on the Mean Absolute Scaled Error metric.
- Banks integrate the tool into platforms like BARX NetFX to mitigate currency fluctuation risks, while aviation sectors use it to manage ticket revenues and operating costs across multiple currencies.
- Through an API trial hosted on GitHub, Ant International invites developers worldwide to contribute feedback and accelerate innovation in time series learning applications.
13 Articles
13 Articles
Citi, HSBC, StanChart adopt Ant International's forex AI tool
The Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including Citi, HSBC, Deutsche Bank, Standard Chartered, and Barclays, according to Kelvin Li, the firm's general manager of platform tech.
Ant International's FalconTST Model 2.0 Achieves SOTA, Elevating Predictive AI Application in Finance to New Levels
FalconTST 2.0 has achieved state-of-the-art performance on MASE metric on top global benchmark. Banks use FalconTST 2.0 to better forecast liquidity exposure with Barclays, Citi, Deutsche Bank and Standard Chartered having integrated FalconTST 2.0 for cashflow forecasting and FX management. FalconTST 2.0 has achieved >93% forecast accuracy rate consistently and is ready for broader industry […]
Citi, HSBC, StanChart adopt Ant International’s forex AI tool
By Selena Li HONG KONG, Aug 20 (Reuters) - Ant International launched an upgraded version of its artificial intelligence model on Thursday, signing up major global banks as financial institutions accelerate the adoption of specialised AI to manage l...
Ant's Falcon FX AI lands Citi, HSBC and StanChart
Artificial intelligence in the sphere of finance is moving from the stage of experimentation into the level of a component of the operation of global currency trade. Ant International announced on Thursday that it upgraded its Falcon forecasting program to version 2.0 and signed contracts with six major banks, which will use its model in their foreign currency trading activities. According to Kelvin Li, Ant International’s general manager of pla…
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