The capital markets’ appetite for AI is evolving ... slowly

Nyela checks the vibe of generative AI, which is slowly evolving from frenetic conversations to tangible tools and use cases.

A common expression used among those in my generation (Gen Z, that is) is “vibe check.” According to Urban Dictionary, a vibe check is “a spontaneous and usually random time where someone checks your vibe. A vibe check should usually be a pleasant experience where the person being checked is vibin’.” In other words, it’s a cooler way of saying you checked in on a friend to make sure they were having a good time.

This is a vibe check for the moment AI is having in the capital markets—and it’s not

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The IMD Wrap: Will banks spend more on AI than on market data?

As spend on generative AI tools exceeds previous expectations, Max showcases one new tool harnessing AI to help risk and portfolio managers better understand data about their investments—while leaving them always in control of any resulting decisions.

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