GenAI
EDM Council expands reach with Object Management Group merger
The rebranded EDM Council now includes members from industries outside financial services.
LLMs are making alternative datasets ‘fuzzy’
Waters Wrap: While large language models and generative/agentic AI offer an endless amount of opportunity, they are also exposing unforeseen risks and challenges.
Bloomberg expands user access to new AI document search tool
An evolution of previous AI-enabled features, the new capability allows users to search terminal content as well as their firm’s proprietary content by asking natural language questions.
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.
Citi close to launching GenAI investment tools
The new tech will be used to improve investment recommendations and increase cross-selling opportunities.
Tech vendors, exchanges see gains from GenAI code assistants
CME Group and others report their experiences using code assist tools to generate code, support tech migrations, and speed up testing, and support functions.
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.
As agentic AI comes into play, buy side weighs outsourced options
Asset managers wanting to use sophisticated forms of AI must square their interest in the tool with mounting cost pressures.
Evalueserve tames GenAI to boost client’s cyber underwriting
Firm’s insurance client adopts machine learning to interrogate risk posed by hackers
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.
Project Condor: Inside the data exercise expanding Man Group’s universe
Voice of the CTO: The investment management firm is strategically restructuring its data and trading architecture.
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.
Bloomberg rolls out GenAI-powered Document Insights
The data giant’s newest generative AI tool allows analysts to query documents using a natural-language interface.
DeepSeek success spurs banks to consider do-it-yourself AI
Chinese LLM resets price tag for in-house systems—and could also nudge banks towards open-source models.
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.
Are we really moving on from GenAI already?
Waters Wrap: Agentic AI is becoming an increasingly hot topic, but Anthony says that shouldn’t come at the expense of generative AI.
Waters Wavelength Ep. 310: SigTech’s Bin Ren
This week, SigTech’s CEO Bin Ren joins Eliot to discuss GenAI’s progress since ChatGPT’s emergence in 2022, agentic AI, and challenges with regulating 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.
Fitch claims 20% developer productivity boost using AWS GenAI tools
The vendors have expanded an existing deal to include new Amazon tools that have helped Fitch modernize its infrastructure and applications.