Operations
A tidal wave of token costs threatens landfall
Budgeting for AI was never “easy,” but as financial firms rely more heavily on agents, soaring token usage is forcing them to rethink the economics of modern enterprise AI.
UK’s bond consolidated tape goes live
ETS Connect UK has spent the past month ensuring the technology, compliance, and operations are in place.
Can Canada follow in the US’s footsteps in overnight trading?
Canadian marketplaces and trading venues are in a race to see who can first authorize overnight equities trading, but not everyone is convinced of its value.
The infrastructure gap: Capital markets operations 2026
When institutional adoption outpaces operational reality
Hitting the Great Wall: Details scarce on China’s Xinchuang initiative
In a quest to learn more about China’s Xinchuang initiative, Wei-Shen finds trying to get information feels like running into a wall over and over again.
Symphony introduces agentic workflows to core platform
Through the new AI agent studio, firms will now be able to build their own AI agents within the Symphony platform.
What firms get wrong when changing investment operations technology
Without operating redesign, governance, and clear accountability, modernization can amplify risk instead of reducing it, writes Patrick Conroy.
How banks are utilizing new AI forms in their KYC process
Execs from JP Morgan, ING, and Standard Chartered explain how they are looking to use agentic AI to streamline KYC workflows.
Re-engineering reconciliations: User-initiated AI cuts recs from days to minutes
Reconciliations have long been tied to batch scheduling. Prasanna Anandan explains how one bank broke down bottlenecks by embedding an AI-driven, user-initiated interface.
Blue water rafting: How RBC’s AI Group is navigating the AI rapids
After forming its new AI Group, RBC is building a governance layer to help minimize risks posed by agentic AI.
Broadridge’s agentic strategy takes its lessons from past AI winters
The Waters Wrap: Anthony looks at a real-world agentic project underway at the post-trade giant to see what others can learn.
GenAI and data quality converge at T. Rowe Price’s (Data) Lake Como
Jay Como was hired by T. Rowe Price in 2023, just as generative AI was rippling across the capital markets. Rather than accepting data quality as a hindrance to AI development, his team wants to use AI and agents to help solve this long-standing issue.
SigTech’s closure amid agentic AI boom raises questions
Sources say competition from leading AI companies was too stiff to combat.
After Dora, ITRS pursues agentic AI for autonomous monitoring
Chief product officer says firms can bolster data resilience with new forms of AI.
What does the future of trader voice look like?
The trader voice market has shrunk to three main players: IPC, BT, and Symphony. The battle for market share and desk real estate is pitting hardware against software.
New EBA taxonomy could help banks track AI risk
Extra loss flags will allow banks to track transversal risks like geopolitics and AI, say experts.
Fintechs grapple with how to enter Middle East markets
Intense relationship building, lack of data standards, and murky but improving market structure all await tech firms hoping to capitalize on the region’s growth.
Chicago datacenter outage forced clearers to turn away clients
Friday’s cooling system failure highlights cracks in tech and concentration risk of big CCPs.
DTCC revamps tech abilities following global reporting overhaul
The Repository & Derivatives Services unit is implementing new technologies to help its clients keep up with changing reg reporting regimes.
Franklin Templeton’s great DeFi migration
TradFi’s money and DeFi’s tech will inevitably combine, says the asset manager’s futurist-in-residence.
Invite us to your cyber war games, Finra urges members
Regulators and broker-dealers would both benefit if watchdogs had a seat at the table during these exercises, says a Finra senior exec.