Waters Wavelength Podcast Episode 68: An Inside Look at IBM Watson
Marc Andrews of IBM sits down with Anthony and Dan to discuss the company's use of Watson for regulatory compliance and surveillance.
This week, Marc Andrews—vice president of Watson Financial Services Solutions for IBM—sits down with Anthony and Dan to discuss how the company is using the famed Watson platform in the financial services space.
1:00 How to enter your company for this year’s Waters Rankings.
3:00 Marc talks about why IBM focused on regulatory compliance, first, for the financial sector.
4:45 The difference between artificial intelligence and augmented intelligence.
6:45 How IBM breaks down its regulatory services.
8:00 Mifid II uses cases for cognitive learning.
10:30 Is an industry utility for AML/KYC on the horizon?
13:30 Other potential benefits for cognitive learning in the trading lifecycle.
17:00 Cognitive technology’s ability to diagnose an issue based on different “symptoms”.
20:00 A preview of Watson’s AML/KYC solution, which will be rolled out later this year.
23:40 Will cognitive machines take over the regulatory process at banks?
If you have a SoundCloud account, be sure to subscribe to our page. You can find our account here.
We are also on iTunes. Search "WatersTechnology" in the iTunes store to find us and subscribe, or click here.
Links to articles discussed:
Contact Info
As is the case with everything we do, we'd love to get some feedback from our listeners. Feel free to reach out to Anthony or Dan via Twitter or email.
Anthony: @a_malakian; Anthony.Malakian@incisivemedia.com
Dan: @dandefrancesco; Dan.DeFrancesco@incisivemedia.com
Past 10 episodes:
Episode 58: Euro OTFs v. US SEFs, RFQ for ETFs
Episode 59: Gabriel Woo, VP of Innovation at RBC
Episode 60: Bill Murphy, Blackstone CTO
Episode 61: Automating Processes
Episode 62: Shadow IT, CFTC's Giancarlo at FIA Boca
Episode 63: Acquisition Analysis, Rise of Data Spend
Episode 64: Open Source, Cyber, AI - A NATAS Recap
Episode 65: Public Cloud Providers Battle for Dominance, The Rise of Artificial Intelligence
Further reading
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 Regulation
This Week: FCA, Plato/Turquoise, Franklin Templeton, and more
A summary of the latest financial technology news.
Insurers deny cyber premiums are rising
Contrary to banks’ complaints, underwriters and brokers claim current market for policies is soft.
Size matters: US equity market players wrangle over new tick size regime
The industry expects the SEC to finalize the Reg NMS shake-up as soon as late summer. While there is broad agreement about the need for change, the extent of the reduction in access fees and tick sizes will have a big impact on markets.
CME: CFTC OKs clearing move to Google Cloud
The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.
Cutting through the hype surrounding the FDTA rulemaking process
A bill requiring US regulators and institutions to adopt a machine-readable data framework for reporting purposes applies to entity identifiers, but not security identifiers, in a crucial difference, writes Scott Preiss, SVP and global head of Cusip Global Services.
Northern Trust offers internal fund accounting, data tools to clients
Regulations and a mandate to enhance quality and transparency in a bid to improve the investor experience are pushing buy-side firms to have more oversight of their third-party providers.
EU firms press for faster move to T+1 after smooth US rollout
Following the example set by North America, 70% of attendees at a European hearing on shorter settlement cycles favored a Q4 2027 switch to next-day settlement.
Finra clears hurdle with CAT launch, but several others remain
Two major components of the consolidated audit trail are now in place. But wrangling over the CAT’s future continues.