CTO and CIO
Numerix strikes Hundsun deal as China pushes domestic tech
The homegrown tech initiative—‘Xinchuang’—is a new challenge for foreign vendors.
Perceive, reason, act: Agentic AI, graph tech used to assess risk
Industry executive Jay Krish is experimenting with large language models to help PMs monitor for risk.
BNY standardizes internal controls around data, AI
The bank has rolled out an internal enterprise AI platform, invested in specialized infrastructure, and strengthened data quality over the last year.
LSEG–MayStreet: When good partnerships go bad
Waters Wrap: MayStreet’s founder and former CEO is suing LSEG for fraud and breach of contract. Anthony considers what the damage control might look like.
Everything’s a chatbot. Soon, your sales trader might be, too
Morgan Stanley, Citi, and Kepler Cheuvreux are among firms considering making their internal AI assistants available to clients.
Bloomberg’s chatbots streamline external data sharing, OTC trading
The vendor details the expansion of chatbot support outside of a firm’s enterprise, and addresses user reservations about cost and spambots.
ICE’s snowball effect: Intercontinental Exchange keeps leash tight on infrastructure
Voice of the CTO: Stuart Williams talks about why the exchange has been so adamant about “controlling” its infrastructure and technology, and how that helped it manage intense market volatility.
Aussie super fund overhauls investment platform with BlackRock Aladdin
Aware Super’s Project Odin includes implementations of BlackRock Aladdin, eFront and GoldenSource EDM
EU banks want the cloud closer to home amid tariff wars
Fears over US executive orders have prompted new approaches to critical third-party risk management.
State Street’s interop play for FX and easing technical debt
Waters Wrap: About six years ago, State Street partnered with Interop.io to tie together its GlobalLINK suite of platforms. Anthony explores how this plays into the “reuse” mantra.
XiNG: Inside Citi’s all-encompassing risk platform
Voice of the CTO: Citi’s chief information officer, Jon Lofthouse, explains how and why the bank has extended its enterprise-wide risk platform so that every trade in any asset class goes through it.
Deutsche Bank delivers AI, client insights with ‘muscle memory’
Voice of the CTO: The German bank is taking finely honed skills and capabilities and deploying them for new and emerging use cases.
Study: RAG-based LLMs less safe than non-RAG
Researchers at Bloomberg have found that retrieval-augmented generation is not as safe as once thought. As a result, they put forward a new taxonomy to help firms mitigate AI risk.
Bank of America reduces, reuses, and recycles tech for markets division
Voice of the CTO: When it comes to the old build, buy, or borrow debate, Ashok Krishnan and his team are increasingly leaning into repurposing tech that is tried and true.
EMS vendors address FX options workflow bottlenecks
Volatility is driving more buy-side interest in automating exercises and allocations.
BNP Paribas explores GenAI for securities services business
The bank recently released a new web app for its client portal to modernize its tech stack.
Coming to America: Deutsche Börse targets US market using SimCorp One
Fresh from integrating SimCorp and rearranging its business lines, the German exchange has set American expansion as its goal for SimCorp’s buy-side offering.
Saugata Saha pilots S&P’s way through data interoperability, AI
Saha, who was named president of S&P Global Market Intelligence last year, details how the company is looking at enterprise data and the success of its early investments in AI.
A new data analytics studio born from a large asset manager hits the market
Amundi Asset Management’s tech arm is commercializing a tool that has 500 users at the buy-side firm.
Microsoft exec: ‘Generative AI is completely passé. This is the year of agentic AI’
Microsoft’s Symon Garfield said that AI advancements are prompting financial services firms to change their approach to integrating AI-powered solutions.
How exactly does a private-share trading platform work?
As companies stay private for longer, new trading platforms are looking to cash in by helping investors cash out.