Citi, Ant Pilot AI FX Solution for Airline Risk Management

Ant International’s Falcon TST Model will give Citi’s clients an improved FX risk management solution when selling through e-commerce channels. Pilot airline customer of the jointly-developed solution has already seen a cost reduction in their Fixed FX Rates hedging programme for online ticket sales. Citi and Ant International announced today that they are piloting the use of Ant International’s Falcon Time-Series Transformer (TST) Model to deliver an enhanced FX risk management solution for their customers....

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