Nasdaq Restates Wilshire Values, Supplies Tools to SGX
Nasdaq OMX restated the closing values for the Wilshire US Small-Cap Value Index and the Wilshire US Real Estate Securities Index on Tuesday, Feb. 22, following an error by the index calculator, and advised data recipients and vendors to remove intraday values and manually update their databases to reflect the corrected values.
Separately last week, the exchange signed a deal to provide a suite of market intelligence, communications and governance tools to the Singapore Exchange, which will
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A network of Cusip workarounds keeps the retirement industry humming
Restrictive data licenses—the subject of an ongoing antitrust case against Cusip Global Services—are felt keenly in the retirement space, where an amalgam of identifiers meant to ensure licensing compliance create headaches for investment advisers and investors.
LLMs are making alternative datasets ‘fuzzy’
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Cloud offers promise for execs struggling with legacy tech
Tech execs from the buy side and vendor world are still grappling with how to handle legacy technology and where the cloud should step in.
Bloomberg expands user access to new AI document search tool
An evolution of previous AI-enabled features, the new capability allows users to search terminal content as well as their firm’s proprietary content by asking natural language questions.
CDOs must deliver short-term wins ‘that people give a crap about’
The IMD Wrap: Why bother having a CDO when so many firms replace them so often? Some say CDOs should stop focusing on perfection, and focus instead on immediate deliverables that demonstrate value to the broader business.
BNY standardizes internal controls around data, AI
The bank has rolled out an internal enterprise AI platform, invested in specialized infrastructure, and strengthened data quality over the last year.
