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Don Totter, senior vice president of McGraw-Hill Inc.'s Kenny S&P Evaluation and Information Services, left the firm earlier this month to join ADP as senior vice president responsible for the retail business unit. Totter's departure from Kenny follows on the heels of the departure of James Quandt, who ran the McGraw-Hill unit that includes the J.J. Kenny businesses in addition to being responsible for the company's Financial Information Services Group. Quandt left earlier this year to become

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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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