Modernizing architecture can reduce long-term costs

A perfect storm of regulation and accelerated tech advancement is forcing modernization unlike anything the markets have seen before, says Nasdaq’s Gil Guillaumey.

There is a lot of talk in the financial services industry about modernization and automation, but the reality is that too many banks and broker-dealers still base much of their network of business-critical data and processes on a complex web of spreadsheets and manual interactions. This has mostly been sufficient, with banks making do with a patchwork approach to new business initiatives, data quality improvements, and ever-increasing regulatory requirements. 

But change is coming. The rate at

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

Why recent failures are a catalyst for DLT’s success

Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.

Broadridge CEO: ‘We intend to be a leader in AI’

In 2023, Broadridge became one of the first capital markets-focused companies to roll out a GPT-powered tool. Now it is looking across use cases and foundational models to determine where to plant its flag next.

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