large language models
‘The end of the beginning’: Brown Brothers Harriman re-invents itself
Voice of the CDO: Firms who want to use AI successfully better start with their metadata, says BBH’s Mike McGovern and Kevin Welch.
Data standardization is the ‘trust accelerator’ for broader AI adoption
In this guest column, data product managers at Fitch Solutions explain AI’s impact on credit and investment risk management.
CME, LSEG align on market data licensing in GenAI era
The two major exchanges say they are licensing the use case—not the technology.
Tokenization & Private Markets: Where mixed data finds a needed partner?
Waters Wrap: Reading the tea leaves, Anthony predicts BlackRock’s Preqin deal, Securitize’s IPO, and numerous public comments from industry leaders are just the tip of the iceberg.
Fintech proposes borrowing AI standard from autonomous cars
Amid the rapidly growing use of financial AI, startup Martini.ai urges industry practitioners to coalesce around a common language to measure their progress and understand their own projects and capabilities.
SS&C’s Bill Stone: RPA still important for agentic endeavors
The fintech is leaning on almost four decades in financial services and its many acquisitions to power AI deployment and meet the market’s needs.
Examining how adaptive intelligence can create resilient trading ecosystems
Researchers from IBM and Wipro explore how multi-agent LLMs and multi-modal trading agents can be used to build trading ecosystems that perform better under stress.
Is market data compliance too complex for AI?
The IMD Wrap: Reb looks at two recent studies and an article by CJC, which cast doubt on AI’s ability to manage complexity.
New GPU indexes to provide transparency into AI compute
Silicon Data, a company backed by DRW and Jump Trading, has launched its H100 and A100 indexes, providing transparency into the economics of AI compute.
Trust though transparency: The need for explainable AI
In this guest column, Broadridge’s Mary Beth Sweeney tells the story of BondGPT’s creation and the company’s endeavor to ensure that any user inquiries are met with traceable answers from the service.
M&G Investments replaces research platform with Bloomberg’s RMS
The chief investment officer of the London-based asset manager explains why the firm opted to use Bloomberg’s RMS platform for its research capabilities.
BlueMatrix acquires FactSet’s RMS Partners platform
This is the third acquisition BlueMatrix has made this year.
Wall Street hesitates on synthetic data as AI push gathers steam
Deutsche Bank and JP Morgan have differing opinions on the use of synthetic data to train LLMs.
SNB researchers test LLM-based FX trading strategy
Meta’s Llama 3.1 comes out on top at predicting G10 currency sentiment based on news articles.
Waters Wavelength Ep. 329: LLMs and the dead internet theory
This week, Reb and Tony talk about the internet and the problems compounded by AI.
The great disappearing internet—and what it could mean for your LLM
AI-generated content, bots, disinfo, ads, and censorship are killing the internet. As more of life continues to happen online, we might consider whether we’re building castles atop a rotting foundation.
Northern Trust Asset Management enlists network theory to construct alpha signals
The $1.3 trillion asset manager will publish a paper later this year detailing how measuring network effects helps it better understand persistent drivers in trends.
Generative AI brings testing times for modelers
Flagstar’s lead model validator offers some tips for safely integrating LLMs into risk models.
Waters Wavelength Ep. 326: Connectifi’s Nick Kolba
He joins the podcast to discuss the model context protocol, LLMs and agentic AI.
S&P Global details AI partnerships, LLM advancements
The data provider has partnered with Microsoft and Anthropic to use hyperscaler tech to boost its AI offerings.