Bot’s job? Quants question AI’s model validation powers

But supervisors cautiously welcome next-gen model risk management

Can bots police bots? It’s a conundrum at the center of many a sci-fi thriller. But now the real-world question is whether bank bots can validate their own models—or perform the crucial job of ensuring risk management models are fit for purpose. Some quants don’t think they can.

While banks already deploy artificial intelligence (AI) for many tasks—such as recognizing patterns in financial data, calculating risk sensitivities or finding the optimal execution for a trade—when it comes to model

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How GenAI could improve T+1 settlement

As well as reducing settlement failures, IBM researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.

Interoperability is not AI

Dan Schleifer, co-founder of, explains how desktop interoperability underpins new AI developments.

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