A summary of the latest financial technology news.
Shortening settlement times are pressuring firms to do more, faster. IBM’s Soren Mortensen argues that genAI and ML can help eliminate errors and speed up post-trade processes.
Smaller asset managers may get left behind as automation allows the big players to prosper.
Lawmakers and vendors are set to usher in an era of mutualized data insights. Are banks ready?
Artificial intelligence models stumble on noisy data and lack of interpretability
Timing is critical in the capital markets. IBM researchers say genAI’s predictive abilities in combination with AI/ML models can translate into profitable HFT opportunities.
Technological innovation doesn’t always reap promised rewards. RBC’s head of cloud engineering talks about why the Canadian bank’s hybrid cloud strategy worked, and how it is approaching generative AI.
The data provider is utilizing generative AI and large language models to provide a conversational interface in FactSet Workstation that will complement AI-powered workflows and products.
As you explore ways to use genAI, do you benefit from having ML and NLP experts on staff who have followed AI evolution for years? Anthony thinks that’s an important question when talking about quantum exploration.
The offering allows users to surface data and notifications from internal systems without ever having to leave Instant Bloomberg chatrooms.
The bank’s innovation head says observability can aid regulatory acceptance.
Some banks have soured on quantum exploration. Others are playing a game of wait and see.
This whitepaper, created by Xoriant, focuses on generative artificial intelligence (AI) and its potential to transform the way financial services firms operate, make business decisions and innovate.
LTX has pinned its hopes of breaking into the fixed-income market on innovative use of AI. But how successful has its approach been, and what is it up against?
A lot gets made about how much fixed income has been electronified. Anthony says that “percentage” ignores the important technological evolutions and strategic shifts being made by the vendor community.
The bank spent the last three years evolving and expanding LiquidityDirect to include additional asset classes, and will white label the platform to customers.
Oxford-Man Institute says LLM-type engine that ‘reads’ order-book messages could help improve execution
As a Gen-Xer, Max tells GenAI to get off his lawn—after it's mowed it, watered it and trimmed the shrubs so he can sit back and enjoy it.
The bank has turned to less complex models that are easier to explain to clients.
A new paper from IBM researchers explores settlement challenges and looks at how generative AI can, among other things, identify the underlying cause of an issue and rectify the errors.
As LLMs and generative AI grab headlines, another AI subset is gaining ground—and it might solve what generative AI can’t.
JP Morgan Chase, which has spent more than $15 billion this year on technology, intends to invest even more to compete against tech behemoths.
As the EU pushes through a historic AI Act, its neighbor is left wondering how to keep up.
Tech giant quells fears over a Skynet-style reality, stressing a risk-based approach to AI usage during a panel in London on Thursday.