AI
Fidelity Labs: One model to rule them all
Fidelity Labs’ latest AI undertaking involves repurposing baseline AI tooling across the organization.
AI governance rules coming soon, says CFTC chair
Selig doesn’t want to stifle innovation, but says trading or advice algos will need guardrails.
FactSet’s vectorization service aims to improve agent accuracy
FactSet chief AI officer Kate Stepp discusses the importance of having AI-ready data in the agentic era.
Bootcamps and peer pressure: Goldman preps staff for AI future
Isda AGM: Tone from the top is not enough, says chief information officer Marco Argenti.
Symphony introduces agentic workflows to core platform
Through the new AI agent studio, firms will now be able to build their own AI agents within the Symphony platform.
Apac buy-side firms embrace AI and automation to bolster the business
How Apac buy-side firms are using AI, APIs and automation to transform investment workflows
Spoiler alert: managing market data is a bad case for AI
The IMD Wrap: A recent conversation between Max and one of his sources highlights the uses of different mechanisms to manage one of their most expensive assets.
Capital markets’ demand for Google’s chips buoys cloud business
Google will begin delivering its TPUs to a select group of clients in their own datacenters later this year.
Waters Wavelength Ep. 351: MarketAxess’s Lee and Alexandre
This week, Spencer Lee and Julien Alexandre from MarketAxess join the podcast to discuss AI in fixed income trading.
In record year, SS&C changes division name, emphasizes role of AI
Announcing the vendor’s record financial results, CEO and chairman Bill Stone reassured investors that the vendor is not depending too heavily on AI.
Northern Trust details its AI strategy
CEO Michael O’Grady says the firm’s strategy is anchored in hyper-personalization, AI-generated alpha, and infinite scalability.
Model risk in the age of generative AI
Banks are racing to understand the risks posed by a new breed of multi-purpose bots.
The rise of AI politics
Whether they like it or not, firms are operating in the era of AI politics. David Hardoon says those who ignore that and treat AI as just another technology risk losing ground to others.
How banks are utilizing new AI forms in their KYC process
Execs from JP Morgan, ING, and Standard Chartered explain how they are looking to use agentic AI to streamline KYC workflows.
Re-engineering reconciliations: User-initiated AI cuts recs from days to minutes
Reconciliations have long been tied to batch scheduling. Prasanna Anandan explains how one bank broke down bottlenecks by embedding an AI-driven, user-initiated interface.
Blue water rafting: How RBC’s AI Group is navigating the AI rapids
After forming its new AI Group, RBC is building a governance layer to help minimize risks posed by agentic AI.
AI is coming for complexity … and trading depends on it
While AI may be able to recreate interfaces, the value is in messaging networks, low-latency data, and unique information flows.
Tradefeedr pairs with BMLL to expand FX offering into equities, futures
Tradefeedr will also use BMLL’s historical data to help build out an LLM-powered chatbot.
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
A survey of capital markets firms reveals a demand for cloud-native analytics and increased adoption of AI technology. However, challenges around cost and migration complexity persist when it comes to cloud migration.