AI
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.
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.
Capital markets firms outline tech, data and ops priorities
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.
GenAI and data quality converge at T. Rowe Price’s (Data) Lake Como
Jay Como was hired by T. Rowe Price in 2023, just as generative AI was rippling across the capital markets. Rather than accepting data quality as a hindrance to AI development, his team wants to use AI and agents to help solve this long-standing issue.
Market data cost increases slow, but prices still outmatch budgets
The market for market data is in flux as procurement teams are buoyed by C-suite attention, AI, and competitive tension. But providers are trying to protect their moat.
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
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
FHLB Cincinnati explores AI to spot failing banks
The financial risk head at FHLB Cincinnati is developing an agentic model to draft reports for analyst review.
Waters Wavelength Ep. 347: Brennan Carley
This week, Brennan Carley, who has spent more than 40 years working in financial technology, joins to discuss the hidden risks and untapped potential of agentic AI in the capital markets.
After Dora, ITRS pursues agentic AI for autonomous monitoring
Chief product officer says firms can bolster data resilience with new forms of AI.
Infused reasoning and the future of AI in capital markets
How AI is evolving from experimental capability to strategic enabler, and what that means for firms seeking a smarter competitive edge
Esma won’t soften regulatory expectations for cloud and AI
CCP supervisory chair signals heightened scrutiny of third-party risk and operational resilience.