Before we look at the basic concepts of the financial domain, we have to understand the vision of investment banking. The future of investment banking depends on how accurately the future financial performance and behaviors of companies are estimated, as well as how the key factors for the businesses are captured in the model as features. Distributing securities to investors will be automated, as will the syndication desk. The next two chapters will go through the changes that will be made on the client side in regards to their capital decisions, as well as the change on the investment bankers side regarding how to use the model to source investors so that they support the clients' capital needs (clients who raise capital via debt or equity issues are called issuers), as well as predicting the M&A needs of clients based on the financial aspects.
Performance of investment banking-based businesses
Once all these...