Case study
Morgan Stanley participating in Anthropic’s Claude Mythos testing
The bank is one of the select few granted access to the hyperscaler’s latest model.
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.
SocGen streamlines corporate actions with Euroclear tool
The French bank is deploying the Cash+ service to help improve the elective dividends process.
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.
Wilshire Indexes shutters, transfers operations
Investment firm Wilshire has told clients that production and publication of all indexes not already sold or returned to the asset manager’s ownership will be discontinued.
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.
Cyber insurance premiums dropped unexpectedly in 2025
Competition among carriers drives down premiums, despite increasing frequency and severity of attacks.
Ram AI’s quest to build an agentic multi-strat
The Swiss fund already runs an artificial intelligence model factory and a team of agentic credit analysts.
JP Morgan gives corporates an FX blockchain boost
Kinexys digital platform speeds cross-currency, cross-entity client payments.
Risk managers question US reach of Dora third-party list
Some EU subsidiaries included, but regulator control over cloud providers could still be limited.
The quantum leap: How investment firms are innovating with quantum tech
While banks and asset managers are already experimenting with quantum computing to optimize operations, they should also be proactive in adopting quantum-safe strategies.
Banks hope new axe platform will cut bond trading costs
Dealer-backed TP Icap venture aims to disrupt dominant trio of Bloomberg, MarketAxess and Tradeweb.
Waters Wavelength Ep. 341: Citi’s Pitts and Topa
This week, Citi’s Michele Pitts and Marcello Topa join Wei-Shen to talk about UK and EU T+1.
Robeco tests credit tool built in Bloomberg’s Python platform
This follows the asset manager’s participation in Bloomberg’s Code Crunch hackathon in Singapore, alongside other firms including LGT Investment Bank and university students.
Jump Trading spinoff Pyth enters institutional market data
The data oracle has introduced Pyth Pro as it seeks to compete with the traditional players in market data more directly.
BlackRock and DRW execs bullish on tokenization potential
DRW’s Don Wilson expects every instrument to be traded on-chain in five years’ time.
Barclays carefully studying stablecoins
CEO CS Venkatakrishnan called the class of digital assets “broad and fascinating,” but urged peers to consider how it fits into the current banking deposit framework.
How an asset manager employs analytics to evaluate performance
Channing Capital, an institutional investment firm managing nearly $5 billion in assets, uses Aapryl to analyze its performance.
Franklin Templeton’s great DeFi migration
TradFi’s money and DeFi’s tech will inevitably combine, says the asset manager’s futurist-in-residence.
Larry Fink: ‘We need to be tokenizing all assets’
The asset manager is currently exploring tokenizing long-term investment products like iShares, with an eye on non-financial assets down the road.
Robinhood looks to ‘Chaos Monkey’ for op resilience playbook
As firms look to break down silos across business divisions to bolster operational resilience, the US broker is ditching emails, while utilizing chaos engineering and automating everything in sight.
Bank of America’s GenAI plan wants to avoid ‘sins of the past’
Waters Wrap: Anthony spoke with BofA’s head of platform and head of technology to discuss how the bank is exploring new forms of AI while reducing tech debt and growing interoperability.