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Droit awarded patent, US CT plan shapes up, Chicago traders go to court, and more

The Waters Cooler: TNS expands 24x5 trading, SIX and Pictet complete a token pilot, and an Asic probe spells more trouble for ASX in this week’s news roundup.

foil and light

Every conversation I’ve had this week has started with banter about how hot this summer has been. From the UK to the US, it appears we are all just frogs boiling together. Fun! Wherever you are, I hope you are reading this in front of a fan or A/C unit.

Now the news.

Announced this week

Bloomberg, Clearwater Analytics ally to optimize investment management workflows

Bloomberg and Clearwater Analytics have collaborated to deliver a front-to-back investment solution for asset owners and asset managers

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GenAI too risky for collateral processes

The technology has been heralded as game-changing for other areas of finance, but its potential to hallucinate may disqualify it from sensitive settlement procedures.

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