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.

No technology has captivated the capital markets in the last year more than generative AI and large language models (LLMs). Some have seized on the moment cautiously. Others, like fintech provider Broadridge, sought to plant their flags early.

Broadridge CEO Tim Gokey tells WatersTechnology how he set the company’s tone on AI: “What we have said is we intend to be a leader in AI in our space, and that means we’re not going to hire PhDs to create the next large language model. Within the pretty

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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