Aiden Arrival

Advanced AI-powered algorithm learns in real-time to help reduce slippage, minimize market impact, and help solve the Arrival Price challenge.

Collaboration

The Aiden platform was developed in a collaborative effort by RBC Capital Markets and Borealis AI.

Solution

Aiden Arrival, the second algorithm on RBC’s AI-based electronic trading platform Aiden, reduces arrival price slippage and offers an expanded trading action set that enhances the platform’s flexibility and control over the execution trajectory. Leveraging 300+ data inputs, Aiden Arrival is able to execute trading decisions based on live market data and dynamically adjust to new information.

Aiden VWAP

Seeks improved performance by reducing slippage against the VWAP benchmark

Collaboration

The Aiden platform was developed in a collaborative effort by RBC Capital Markets and Borealis AI.

Solution

Aiden VWAP is Aiden’s first execution algorithm. This volume-weighted average price strategy uses the power of AI to improve execution performance by reducing slippage against the VWAP benchmark. Aiden VWAP utilizes deep reinforcement learning and a robust reward system to learn from its action in real time and adapt to changing market conditions, continually optimizing execution quality for clients.

Advancing AI for Finance

Borealis AI is a world-class AI research center founded by RBC in 2016. Recognized for scientific excellence, Borealis AI researches, develops, and deploys cutting-edge Machine Learning solutions to solve challenging problems in the financial services industry.

Building Solutions to Address Financial Industry Challenges

Our team of more than 100 researchers and engineers are advancing machine learning science by utilizing the latest in AI capabilities to build solutions that address some of the biggest challenges in financial services today.

Talent Focus

Provides a stimulating environment for the brightest AI talent to research and build cutting-edge solutions

Leading Partnerships

Partnerships with top-tier academic institutions to collaborate on research; offering fellowship, internship, and engineering co-op programs

Research Topics

Key areas of focus include Reinforcement learning, Time Series Forecasting, Ethical AI including explainability and causality, and Behavioural modeling

Advancing AI for Finance

Borealis AI is a world-class AI research center founded by RBC in 2016. Recognized for scientific excellence, Borealis AI researches, develops, and deploys cutting-edge Machine Learning solutions to solve challenging problems in the financial services industry.

Building Solutions to Address Financial Industry Challenges

Our team of more than 100 researchers and engineers are advancing machine learning science by utilizing the latest in AI capabilities to build solutions that address some of the biggest challenges in financial services today.

Talent Focus

Provides a stimulating environment for the brightest AI talent to research and build cutting-edge solutions

Leading Partnerships

Partnerships with top-tier academic institutions to collaborate on research; offering fellowship, internship, and engineering co-op programs

Research Topics

Key areas of focus include Reinforcement learning, Time Series Forecasting, Ethical AI including explainability and causality, and Behavioural modeling