Vendors Await 'Yes' Decision

The consortium last week decided to operate purely as a common contribution platform for indicative pre-trade quotes and post-trade reporting, and not to incorporate trading capabilities—by carrying executable prices and operating a trading platform—at least initially.

Now that decision has been made, the consortium can focus on selecting a vendor partner, according to a source familiar with the situation. Project Yes issued a request-for-proposal at the beginning of the year, and has received

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Study: RAG-based LLMs less safe than non-RAG

Researchers at Bloomberg have found that retrieval-augmented generation is not as safe as once thought. As a result, they put forward a new taxonomy to help firms mitigate AI risk.

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