AI Advancement Award 2024

The winners of the PLEXUS Artificial Intelligence Award from 2024

The winners of the PLEXUS Advancement Award for

 Artificial Intelligence from 2024

The PLEXUS Artificial Intelligence Award

In 2024, PLEXUS Investments offered the “PLEXUS Award for Artificial Intelligence in Finance” for the fifth time. The award was once again endowed with 10,000 Euros, which will benefit the winners’ further research on AI and machine learning in the financial sector.

The Winners 2024

The PLEXUS Advancement Award was won by two applicants: Wei Xiong (Mathematical Institute, University of Oxford – Dissertation) and Aysun Can Turetken (University of Zurich – Master Thesis). Their research papers are linked below the photos.

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Wei Xiong

Dynamics of Market Making Algorithms in Dealer Markets

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Aysun Can Turekten

An Adversarial Attack Approach on Financial LLMs Driven by Embedding-Similarity Optimization



The Panel of Judges

Christof Kutscher

i.a. Executive Chair of Lancry Natural Capital.

Prof. Walter Farkas

Professor of Quantitative Finance with the Department of Banking and Finance at the University of Zurich, and Associate Member of the Department of Mathematics at the Swiss Federal Institute of Technology (ETH Zurich).

Prof. Stefan Mittnik

Professor of Financial Econometrics, until 2020 at the Ludwig Maximilian University Munich (LMU) and co-founder of Scalable Capital, a digital financial service provider.

The Conditions of Participation

The deadline for submitting research papers was 12/31/2024. Students with their Master’s thesis (in exceptional cases Bachelor’s thesis) and doctoral candidates with their dissertation submitted to a university or university of applied sciences to obtain their respective academic degree were eligible to participate. Read the complete conditions of participation in the linked document.

Expert Contribution from the Winners

Here you will find an article about the award winners in private banking magazine.

Two researchers recently received the fifth PLEXUS Advancement Award for Artificial Intelligence in the Financial Sector. Asset managers will benefit from their findings. Insights from Günter Jäger of Plexus Investments, Wei Xiong and Aysun Can Turetken. This article is in German.

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