Broadridge CEO: ‘We intend to be a leader in AI’
In 2023, Broadridge became one of the first capital markets-focused companies to roll out a GPT-powered tool. Now it is looking across use cases and foundational models to determine where to plant its flag next.
No technology has captivated the capital markets in the last year more than generative AI and large language models (LLMs). Some have seized on the moment cautiously. Others, like fintech provider Broadridge, sought to plant their flags early.
Broadridge CEO Tim Gokey tells WatersTechnology how he set the company’s tone on AI: “What we have said is we intend to be a leader in AI in our space, and that means we’re not going to hire PhDs to create the next large language model. Within the pretty
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: https://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 Emerging Technologies
New LLMs are proving to be surprisingly good quants
Strides in AI’s ability to do maths mean models can plausibly help with research.
Broadridge’s agentic strategy takes its lessons from past AI winters
The Waters Wrap: Anthony looks at a real-world agentic project underway at the post-trade giant to see what others can learn.
Firms look to decommission legacy tech and embrace a range of cloud-based tools
Survey of capital markets firms reveals a demand for cloud-native analytics, as well as an increased adoption of artificial intelligence technology from across the industry. However, challenges around cost and migration complexity persist when it comes…
LSEG’s TradeAgent to challenge swap confirmation monopoly
Post-trade platform aims to extend clearing efficiencies to bilateral markets beyond SwapAgent.
Buy-siders invest in private-markets platform, Broadridge expands crypto dealings, and more
The Waters Cooler: CME, ICE, and Nasdaq make other headlines; market data price increases slow; a new Cusip lawsuit and more.
Jump Trading CIO: Prop AMMs allow users to create ‘a mini Jump Trading’
Dave Olsen said at FIA Boca that a new concept, proprietary automated market-makers, had grabbed the firm’s attention this year.
SigTech’s closure amid agentic AI boom raises questions
Sources say competition from leading AI companies was too stiff to combat.
Apac buy-side firms embrace AI, automation to optimize business processes
Survey of Apac buy-side firms shows growing AI, API and automation usage to enhance investment workflows and enable data integration
