Demand for quality data to train AI will drive growth at TP ICAP’s data business, Parameta, the broker’s European energy and commodities head has said.

“AI will only be able to do a proper job if it has the full picture,” Joachim Emanuelsson, Emea chief executive of energy and commodities at TP ICAP, told Financial News. “For a trading firm to use [AI], they need to be very comfortable that all the data is 100%, and this is something Parameta can do.”