large language models
GenAI and HFT: A competitive edge?
Timing is critical in the capital markets. IBM researchers say genAI’s predictive abilities in combination with AI/ML models can translate into profitable HFT opportunities.
FactSet lays out AI blueprint for discoverability, workflows, and innovation
The data provider is utilizing generative AI and large language models to provide a conversational interface in FactSet Workstation that will complement AI-powered workflows and products.
Waters Wrap: As quantum’s skeptics grow in number, believers need better messaging
As you explore ways to use genAI, do you benefit from having ML and NLP experts on staff who have followed AI evolution for years? Anthony thinks that’s an important question when talking about quantum exploration.
Waters Wavelength Podcast: Bill Murphy on getting the foundations right
Bill Murphy, managing partner at Cresting Wave, is back to discuss the foundations necessary to leverage emerging technologies in the long run.
Bloomberg deploys new chatbot tool to Terminal
The offering allows users to surface data and notifications from internal systems without ever having to leave Instant Bloomberg chatrooms.
Generative AI is changing debate on explainability, says Deutsche
The bank’s innovation head says observability can aid regulatory acceptance.
Broadridge’s LTX looks to GenAI as it competes for market share
LTX has pinned its hopes of breaking into the fixed-income market on innovative use of AI. But how successful has its approach been, and what is it up against?
Waters Wrap: Reading the fixed-income tea leaves
A lot gets made about how much fixed income has been electronified. Anthony says that “percentage” ignores the important technological evolutions and strategic shifts being made by the vendor community.
Quants look to language models to predict market impact
Oxford-Man Institute says LLM-type engine that ‘reads’ order-book messages could help improve execution
The IMD Wrap: Talkin’ ’bout my generation
As a Gen-Xer, Max tells GenAI to get off his lawn—after it's mowed it, watered it and trimmed the shrubs so he can sit back and enjoy it.
Harnessing generative AI to address security settlement challenges
A new paper from IBM researchers explores settlement challenges and looks at how generative AI can, among other things, identify the underlying cause of an issue and rectify the errors.
The causal AI wave could be the next to hit
As LLMs and generative AI grab headlines, another AI subset is gaining ground—and it might solve what generative AI can’t.
Europe’s AI Act is taking shape. How will the UK respond?
As the EU pushes through a historic AI Act, its neighbor is left wondering how to keep up.
SEC squares off with broker-dealers over data analytics usage
The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC…
S&P tests ‘ChatIQ’ genAI search tool in revamped CapIQ desktop
The new tool is the culmination of integrating recent acquisitions, including IHS Markit, ChartIQ and Kensho.
Waters Wavelength Podcast: David Hardoon dissects language models
David Hardoon returns to talk about the field of language and how it’s the ‘heart and soul’ of artificial intelligence.
Inside look: How Big Tech is using generative AI to win over finance
Execs from Amazon, Google and IBM explain their capital markets strategy when it comes to rolling out new AI tools.
Snowflake: Data strategy essential for AI
The cloud data platform provider continues to make investments in data quality and cleansing.
Waters Wavelength Podcast: IBM on generative AI
This week, John Duigenan from IBM joins the podcast to discuss generative AI.
AI in sheep’s clothing? Wolfe Research develops finance chatbot
The bot is trained using financial and ESG data, but won’t replace humans—yet—says the firm.
Waters Wavelength Podcast: Generative AI: The philosophical considerations
Steve Rubinow joins the podcast to discuss artificial intelligence and the hype cycle of generative AI.
Amazon bullish on AWS growth, signals more investment in generative AI
Tech giant’s cloud computing arm grew customer base in Q2 despite cost-cutting among users
ICE: LLMs drove 60% increase in ICE Chat trades
The exchange revealed it has been working with LLMs for a decade to drive automation around its messaging platform. Now, it’s looking for more uses across all asset classes.
HSBC hikes tech spend, scales up AI projects
The bank is hoping to turn higher technology costs to its advantage, investing in its new digital trade platform and increasing its exploration of generative AI.