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Hang Seng Indexes Co., Cyberport Announce Adoption of 1st Generative AI Use Case from Index Innovation Lab
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Hang Seng Indexes Company and Cyberport announced the successful adoption of the first Generative AI (Gen-AI) use case from the Index Innovation Lab. Through the Index Innovation Lab, Hang Seng Indexes Company engaged with more than 200 innovators from Cyberport's network to co-create practical solutions that enhance index operations. Building on these interactions, Hang Seng Indexes Company collaborated with INF Hong Kong, a Cyberport community member, to co-develop Gen-AI solutions to assist in the calculation of the free-float adjusted factor (FAF). HANG SENG BANK (00011.HK) and Cyberport jointly established the Index Innovation Lab initiative in 2024. This milestone use case marks the first time a Gen-AI solution has been appliend in Hang Seng Indexes Company's index calculation process, enhancing data processing efficiency. AASTOCKS Financial News Website: www.aastocks.com |
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