News
Deutsche Bank to debut tokenization platform in November
Dama 2 minimizes up-front hardware and infrastructure costs for firms exploring tokenization.
Bloomberg expands user access to new AI document search tool
An evolution of previous AI-enabled features, the new capability allows users to search terminal content as well as their firm’s proprietary content by asking natural language questions.
Agentic AI takes center stage, bank tech projects, new funding rounds and more
The Waters Cooler: SEC hack investigation, FCA–Nvidia partnership, LTX BondGPT upgrade, and CDO problems are also in this week’s news round-up.
Perceive, reason, act: Agentic AI, graph tech used to assess risk
Industry executive Jay Krish is experimenting with large language models to help PMs monitor for risk.
BNY standardizes internal controls around data, AI
The bank has rolled out an internal enterprise AI platform, invested in specialized infrastructure, and strengthened data quality over the last year.
NY Fed Home Loans Bank spurns multi-cloud model
The cost and complexity of diversifying away from the big three providers outweighs concentration risks.
Citi close to launching GenAI investment tools
The new tech will be used to improve investment recommendations and increase cross-selling opportunities.
Overnight trading, a new dealer-to-client credit biz, so much AI, and more
The Waters Cooler: TP Icap acquires Neptune, Sterling launches overnight trading, and Thoma Bravo gets billions from investors in this week’s news round-up.
First Citizens used AI to retain SVB customers
The firm’s retention efforts involved using AI to monitor customer behavior and sentiment—including profanities.
IMD & IRD Awards 2025: All the winners and why they won
The 33 category winners of this year’s Inside Market Data & Inside Reference Data Awards
Sell-Side Technology Awards 2025: All the winners and why they won
Here are the 34 winners of the 2025 Sell-Side Technology Awards.
Bloomberg adds web traffic data as leading indicator of market moves
The vendor’s deal to incorporate website visit data from Similarweb is the latest move in its ongoing expansion of alternative datasets.
Talos’s new crypto risk assets drive portfolio management system upgrade
One year after Talos Trading acquired Cloudwall, the vendor has added new capabilities to its portfolio management system.
People Moves: Fidelity Labs, Tradeweb, Cboe, Lloyds, Tradition, MarketAxess, and more
A look at the past month’s people moves in the capital markets tech and data space, including Evan Schnidman, who takes over as head of Fidelity Investments’ tech incubator.
Deutsche Bank toys with tokenizing, MayStreet sues LSEG, S&P Global adds data to Databricks, and more
The Waters Cooler: A German consortium looks to enter a deal with the EU on AI datacenters; MayStreet’s founder sues LSEG; and buzz about product expansions in this week’s news roundup.
Everything’s a chatbot. Soon, your sales trader might be, too
Morgan Stanley, Citi, and Kepler Cheuvreux are among firms considering making their internal AI assistants available to clients.
MayStreet founder sues LSEG for fraud, breach of contract
The complaint accuses the exchange group of “defrauding” MayStreet executives following the 2022 acquisition. LSEG “strongly refutes these claims.”
As agentic AI comes into play, buy side weighs outsourced options
Asset managers wanting to use sophisticated forms of AI must square their interest in the tool with mounting cost pressures.
Fnality joins DLT-based PvP FX settlement service
Baton Systems and Osttra’s joint payment-versus-payment FX network adds central bank-backed settlement option
Clearstream and SimCorp team up, Bloomberg goes dark, TT expands FX coverage and more
The Waters Cooler: Google’s AI mishaps, a new liquidity source for ASX customers, and new integrations can be found in this week’s news roundup.
WatersTechnology Asia Awards 2025: All the winners and why they won
The winners of the 6th annual WatersTechnology Asia Awards have been announced.
Symphony introduces Cloud9 mobile app
The messaging and collaboration platform is extending the “turret-like” technology and connectivity of Cloud9 to smartphones.
Nasdaq looks to Thailand, Broadridge grows patent portfolio, GenAI concerns, and more
The Waters Cooler: MarketAxess gains majority control of RFQ consortium, the Bloomberg Terminal integrates with BNP’s Exane, and Isda extends reg reporting support to new Canadian rules in this week’s news roundup.
EU banks want the cloud closer to home amid tariff wars
Fears over US executive orders have prompted new approaches to critical third-party risk management.