Developing AI-driven tools to maintain data standards and empirically validate investment outcomes for the managed accounts sector

The Australian funds management industry is seeing a major shift from collective investment products such as unit trusts to more individually oriented separately managed accounts (SMAs). New financial advice provided by financial planners now directs one in every two dollars of client money into the burgeoning $200 billion managed accounts sector. Responding to the lack of standards across SMAs for naming identical portfolios, calculating and presenting fees, classifying and reporting asset allocations, and tracking the roles of service providers, this collaboration will leverage new AI technologies that have powerful reasoning capabilities over large amounts of unstructured data. The outcomes are AI-enabled tools that provide rich user interfaces with the ability to continually integrate newly developed data standards and facilitate consistent SMA information provision to retail clients and institutional investors such as superannuation funds.

Scholarship:

Package of $60-70k per annum for 4 years.

Eligibility:

• Domestic applicants
• First Class Honours

How to apply:

Email Professor Jerry Parwada at j.parwada@unsw.edu.au with a copy of your CV and academic transcripts by the deadline