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AI Street

Finster CEO Sid Jayakumar on AI Agents for Wall Street

Matt Robinson's avatar
Matt Robinson
Oct 17, 2024
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INTERVIEW

This week, we interview Sid Jayakumar, CEO and founder of London-based Finster AI and formerly a research engineer at Google DeepMind.

Before joining DeepMind, he turned down a lucrative job offer to work at a quant hedge fund, leaving his would-be employer perplexed — considering they offered free housing in London. Sid returned to financial markets by founding Finster last year.

The company is building AI agents to make financial analysis more efficient. Finster AI is currently working across use cases on the buy side and investment banking with firms managing over $800 billion and collectively employing over 1,000 analysts, according to Sid.

The company is backed by Hoxton Ventures with angel investors including the CEO and CTO of Cohere, senior members at OpenAI, Meta AI, and DeepMind.

In the interview, we cover:

  • How Finster is tackling the AI "hallucination" problem that's driving finance pros crazy

  • His prediction on how AI will reshape hedge funds (spoiler: it's sooner than y…

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