For the first time, JP Morgan filed a form 10-K listing AI as a standalone risk factor—a sign of how banks are rethinking previously defined risk categories and their overall risk profile.
The Boston-based vendor’s new CEO, Ron Allen, a BlackRock Aladdin alum, says domain-specific agentic AI can tackle fund administration’s messiest workflows.
Firms that have built robust rails will be better placed to scale agents safely and improve productivity. Those that don’t will learn a hard lesson, says Andrew Morgan.
For investment management firms experimenting with LLMs, the results often fall short of expectations. Bharath Reddy of Finbourne says firms should examine the architecture that sits between the model and the data.
Markets are now more interconnected than ever, exacerbating some challenges. To help, there are three things firms should focus on, writes Gareth Hughes of Standard Chartered.
The Waters Wrap: AI may look good to its developers, but there are a few problems lurking below the surface that might cause problems. Max Bowie explains.
Vibe coding is rapidly spreading throughout the capital markets, and some are unhappy about it, while others believe the genie is out of the bottle. Engineers spoken to for this story share some choice words—and several expletives—about this new form of coding.