Machine learning
Systematic tools gain favor in fixed income
Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.
Broadridge CEO: ‘We intend to be a leader in AI’
In 2023, Broadridge became one of the first capital markets-focused companies to roll out a GPT-powered tool. Now it is looking across use cases and foundational models to determine where to plant its flag next.
Fighting FAIRR: Inside the bill aiming to keep AI and algos honest
The Financial Artificial Intelligence Risk Reduction Act seeks to fix a market abuse loophole by declaring that AI algorithms do not have brains.
Waters Wrap: The rise of AI washing… and regulation washing?
The SEC recently levied fines against two investment advisors over “AI washing”. Anthony takes issue with the announcement.
Getting aggressive: Overbond uses AI to assess dealer axes
The fixed-income analytics specialist has developed a new tool to help buy-side firms decide if they’re getting a good price from their dealers.
TS Imagine integrates LTX’s pre-trade analytics tool
Users of the fixed-income EMS will now have access to LTX’s Liquidity Cloud tool, which provides a pre-trade score for the likelihood of trading success.
The bank quant who wants to stop genAI hallucinating
Former Wells Fargo model risk chief Agus Sudjianto thinks he has found a way to validate large language models.
Man Group’s proprietary data platform is a timesaver for quants
The investment firm’s head of data delves into its alt data strategy and use of AI tools to boost quant efficiency.
Nasdaq CEO: GenAI ‘a whole new opportunity’
Nasdaq CEO Adena Friedman and other top execs outlined a range of use cases for generative AI and other emerging technologies during its Investor Day.
How GenAI could improve T+1 settlement
As well as reducing settlement failures, researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.
AFTAs 2023 winner's interview: CompatibL
CompatibL won Best new technology introduced over the last 12 months (AI & machine learning) in the 2023 American Financial Technology Awards.
Breaking down the walls: Enterprise architecture gets its day in the sun
Voice of the CTO: Enterprise architecture aims to tie together a bank’s overall infrastructure, systems and workflows. While easily said, bank technologists explain why it’s harder in practice.
Interoperability is not AI
Dan Schleifer, co-founder of Interop.io, explains how desktop interoperability underpins new AI developments.
Vanguard cautiously explores neural networks for alt data analysis
John Ameriks, head of Vanguard’s Quantitative Equity Group, explains the rationale behind dataset selection and how the group has been using machine learning.
Elephant in the room: Balancing AI innovation with cloud projects
Voice of the CTO: While generative AI is today’s hot topic, bank technologists explain how they’ve spent years planning for this day, even if cloud had been the main focus. And to be sure, skeptics remain.
Run the bank, change the bank: CTOs juggle needs and wants
Voice of the CTO: In part two of a five-part series, bank technologists explain where firms go wrong when trying to modernize their tech stacks and manage technical debt.
GenAI or replatforming? Bank CTOs disagree on budgetary spend
Voice of the CTO: In part one of a five-part series, several bank technologists discuss where they are looking to spend their budgets this year, and what hurdles stand in the way of experimenting with generative AI.
AI expert warns of algo-based market manipulation
An artificial intelligence professor warns of machine learning ‘arms race’ for regulators against those seeking to use new technologies to manipulate financial markets.
Waters Wrap: The end of Cobol?
With the rise of generative AI, Anthony wonders if the days of Cobol are numbered.
Domain-specific AI: the hot topic of 2024?
Generative AI is increasingly being applied to specific domains within finance. But experts are divided on whether targeted models will take over from their general-purpose cousins.
Waters Wrap: A glimpse of 2024 through the looking glass of 2023
Anthony examines some of the biggest stories from the past year to preview what might be ahead.
Will generative AI crack the code for bank tech teams?
Banks could roll out tools to help translate old—or write new—code within months.
The IMD Wrap: AI efforts will force renewed focus on data in 2024
Machine learning and generative AI offer a tremendous opportunity to help users obtain more insights from raw data, but these tools first need perfect datasets on which to base their decisions.
Quant shop preps NLP-powered index for physical climate risk
Sharp rise in extreme weather events prompts PGIM Quant to aim for better climate-risk pricing