Emerging market debt database run by development banks turns to AI to fine-tune risk

UK-based AI firm Galytix creating framework to crunch the data

Hope is that better info will boost private capital flows

Move comes as many richer nations cut aid spending

LONDON, Sept 29 – A global database of emerging market debt statistics created by top development banks is aiming to use artificial intelligence to parse risk more comprehensively for investors and help lower borrowing costs for developing countries.

UK-based AI firm Galytix is creating a framework to crunch numbers in the Global Emerging Markets Database to try to attract…