chatbot
Waters Wrap: Big Tech’s subtle plans for capital markets domination
Amazon, Google, IBM and Microsoft aren't just cloud providers anymore—and their tentacles are going to spread deep into trading systems going forward.
State of the tech: A half-year check-in with large language models
AI is having a moment, and data vendors and software providers are seizing on it. Some are building models in-house, while others are looking to third parties to power their strategies—but the focus is largely on productivity and faster data access…
Banks’ internal watchdogs bark back at ChatGPT
Generative AI has plenty of uses in finance, but banks must first overcome compliance headaches
Hidden danger: As AI permeates finance, cybersecurity moves to the forefront
Open-source wrappers like MLflow, though useful and popular, highlight the risks hidden beneath these models.
From ChatGPT to BloombergGPT: In capital markets, who can make the most of large language models?
Capital markets are no strangers to hype machines. Among the buzz around generative AI, Nyela wonders who will be best suited to take advantage of the technology and deliver the right use cases to Wall Street.
BloombergGPT: Terminal giant enters the LLM race
Bloomberg has developed a large language model with the aim of improving its Terminal’s ability to provide sentiment, charting and search.
New chatbots reveal limitations of legacy API development
As large language models that underpin the likes of ChatGPT and Bard come to market, vendors and trading firms are starting to see the benefits—and challenges—that open APIs provide.
The haves and the ‘have bots’: can AI give vol forecasters an edge?
Quants at Acadian, Man Group, Northern Trust and PGIM are investigating the use of machine learning and natural language processing to improve volatility forecasts.
Waters Wrap: ChatGPT, data officers, and reaching new frontiers
As banks clamp down on large language models like ChatGPT, Anthony says that CDOs can help firms experiment with these chatbots while developing the proper governance structures.
MSCI’s multi-cloud strategy aims to provide a new window into investment data
The MSCI One platform already runs on Microsoft Azure, and MSCI is building a new investment data platform on Google Cloud to utilize the search giant's AI and NLP capabilities.
Large language models: Another AI wave has come—what could it bring?
Since the release of ChatGPT, excitement and hype have been abundant across industries for this form of generative AI. For capital markets, the wave of innovation that could result may be a few years away but it’s worth paying attention to—and being…
Waters Wrap: ChatGPT and the next wave of AI evolution
As the December holiday break loomed, a new tool released by OpenAI had engineers, analysts, programmers and even writers like Anthony wondering what the future of their professions might hold.
Symphony wants to be Wall Street’s phone book—but smarter
As Symphony strays further from its original purpose of being a chat platform, WatersTechnology sat down with Brad Levy at this year’s Innovate conference to discuss his vision for the firm.
OTC FX options market gears up for faster electronification
The share of electronic trading in the market remains low, but a host of factors promise to change that for good.
Fed could require senior management to explain AI models
A new era of accountability might see the Federal Reserve demand model explainability to keep financial system safe.
GreenKey aims to productize new research chatbot after winning Symphony hackathon
The company is consulting with buy-side and sell-side clients on how its newly developed GK Research Bot can best solve their research and information overload woes.
Asia at the Forefront of Innovation—A Look at Tech Projects in the Region
WatersTechnology looks at some of the major projects coming out of Asia that are leading the way for firms around the globe.
Natural Language Generation: Great Promise, Significant Barriers
Sell-side firms and data providers are increasingly experimenting with natural-language generation to create new forms of automatically curated reports, emails and alerts, but the technique comes with significant challenges.
Citi Readies Price-Shock Detection System
Once the bot is in production, the D10X team will start scaling it beyond the oil trading team to other trading desks.
Jefferies' Quant Team Builds Chatbot For Faster Equities Trading
In minutes, JEFQuants compiles information from multiple sources into a unique data package based on traders' queries.
Deutsche Bank First Looks to Interop, Chatbot Projects After Partnering with Google
The bank will look to enhance existing capabilities and potentially introduce new solutions with Google’s help.
Morgan Stanley’s Digital Research Assistant Knows Who You Are
The bank's AI-powered research chatbot, developed with Symphony Communications, acts as a personalized research assistant and will soon be rolled out to external clients.
IPC Looks to Partner with Additional Transcription Service Providers
The comms and networking provider is expanding its service after partnering with OpenFin.
BNY Mellon, Deutsche Bank to Extend FX API for Indonesia and India
The two are working out the necessary regulatory, tax, and documentation needed to provide custody services for foreign exchange transactions in the two countries.