ITRS, Verdande Partner on Systems Risk
The announcement comes after Verdande enacted an open search last year for firms to link up with. CBR differs from traditional rules-based reasoning in the way it deploys artificial intelligence as a way of providing early warning for system failures and trading outages. The original Edge technology is borrowed from Verdande's earlier work in energy infrastructure, as Waters reported last year.
"By integrating with Verdande's CBR-driven Edge platform we are able to offer our clients another approach to gaining further insight across their systems application and infrastructure. Using CBR technology enables businesses to apply application behavior analysis to their real-time Geneos data, allowing them to further reduce the number of issues requiring active management by automating corrective action," says Kevin Covington, CEO of ITRS Group.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
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.
CDOs must deliver short-term wins ‘that people give a crap about’
The IMD Wrap: Why bother having a CDO when so many firms replace them so often? Some say CDOs should stop focusing on perfection, and focus instead on immediate deliverables that demonstrate value to the broader business.
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.
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.
Tech vendors, exchanges see gains from GenAI code assistants
CME Group and others report their experiences using code assist tools to generate code, support tech migrations, and speed up testing, and support functions.
LSEG–MayStreet: When good partnerships go bad
Waters Wrap: MayStreet’s founder and former CEO is suing LSEG for fraud and breach of contract. Anthony considers what the damage control might look like.
