MANAGEMENT BRIEFS

MANAGEMENT BRIEFS

Even as bankrupt Pont Data Inc.'s fortunes appeared to dim last week, a number of buy-side firms continued to test the company's Advantage product. Industry sources said that up to eight separate buy-side firms were testing the product including Merrill Lynch Asset Management's Asia-Pacific group. Merrill's Princeton-based group had been mulling the system as a replacement for some of its 25-30 Bridge Information Systems Inc. terminals. Besides Merrill, firms who have signed contracts for the

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Waters Wrap: GenAI and rising tides

As banks, asset managers, and vendors ratchet up generative AI experiments and rollouts, Anthony explains why collaboration between business and tech teams is crucial.

Northern Trust building internal cloud data ‘marketplace’

Using a mix of in-house expertise and third-party technologies, the firm has constructed a cloud-based data mesh that gives internal staff access to proprietary datasets and analytical tools to deliver greater insights into client activity.

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