In the special Winter Olympics issue of US News and World Report (Jan 28- Feb 4, 2002), there is a good article by James M. Pethokoukis called "Robotrading 101 - Sophisticated computer programs take the human element out of picking winners on Wall Street". The article, found on page 23, describes how as much as $250 billion is being managed by neural nets, genetic algorithms, and other artificial intelligence(AI) techniques.

Of course, Ward Systems is mentioned in the sidebar of this article called "You can do this at home". However, two of the main companies described in the article as trading with AI actually became "famous" using neural networks from Ward Systems Group! They are LBS Capital Management, which was on INC Magazine's list of 500 fastest growing companies three times in the 90s when they utilized a neural net system we built for them. Later, the company split, and some of the staff formed AIT, retaining the exclusive rights to the original neural prediction system we built. AIT was later purchased by State Street Global Investment Advisors, largely because of their superior technology based upon our neural nets.