Operations teams at financial services firms should ignore the intense pressure to speed up their artificial intelligence (A.I.) projects and implementations and instead should slow down to go fast because a methodical approach is essential to cross a threshold full of unknown complexities. That was the clear message from panelists in the session, “AI Governance:… Read More >>
A.I. Is Forcing the Buy vs. Build Question for Ops Software
Artificial intelligence tools are spreading fast across many facets of securities-trading operations, and an emerging trend in which end-users write applications—aka “vibe coding”—may soon capture the imagination of many Ops teams. While software solutions — from small to large — created via vibe coding can be helpful within a group, they rarely scale to the… Read More >>
FSB Identifies 12 ‘Sound Practices’ for A.I. Governance
Securities firms are likely to take one of three approaches to artificial intelligence (A.I.): 1.) full-speed ahead to beat the competition; 2.) pumping the brakes on new projects until more is known about current explorations; or 3.) putting off all A.I. efforts until the firm finds the right fit for operations, among other areas. In… Read More >>
Deutsche Bank Deploys Farsight’s A.I. Platform
Deutsche Bank has deployed a specialized artificial intelligence-based (A.I.) workflow system across its investment banking and capital markets teams in Europe and the Americas. The system from Farsight does not include sensitive data, proprietary knowledge, and workflow activity, which remain within the bank’s IT environment, officials say. The Farsight platform is used with Microsoft PowerPoint,… Read More >>
SS&C Will Target A.I.’s Destructive ‘Lone Rangers’
(In a wide-ranging Q&A, Bill Stone, who is chairman, CEO, and founder of SS&C Technologies, addresses not only A.I. and its woes — “So, there are going to be limitations to A.I.” — but also the 40th anniversary of SS&C’s launch, where financial markets are heading, the appeal of crypto and tokenization, and more. During… Read More >>
Why Agentic A.I. Works for Investment Ops
(More and more, securities firms are looking to agentic A.I. for operations such as reconciliation, exception handling, and onboarding because they are “ripe for automation,” says Sami Mansoor, partner and head of investment technology and data at Alpha Financial Markets Consulting (FMC), a global consultancy to the financial services industry offering specialized, sector-focused management consulting…. Read More >>
BMLL & Simudyne Combine Market Simulation & Historical Data
BMLL, a provider of historical order book data, is collaborating with Simudyne, maker of a generative artificial intelligence and agent-based simulation platform, to combine order book datasets with Simudyne’s Pulse simulator to help firms run “realistic, reactive market simulations, perform market replays, and test system performance,” officials say. “Under this partnership, Simudyne has begun training… Read More >>
T. Rowe Price to Apply ‘Robust Governance’ to A.I.
Amid a media frenzy over A.I., T. Rowe Price tells FTF News that it will be embracing “robust governance” as it expands its relationship with A.I. provider Anthropic, maker of the popular Claude system, which will impact the work of the firm’s portfolio managers, analysts, and performance measurement and client reporting teams, officials confirm. The… Read More >>
A.I. Meets Wealth Management via SS&C, Anthropic & OpenAI
Wealth managers have gotten the full attention of SS&C Technologies, Anthropic, and OpenAI as these providers have recently launched major efforts to merge the magic of artificial intelligence (A.I.) with wealth solutions. The latest dive into the A.I. race from SS&C is Black Diamond AI, described as a series of A.I.-enabled capabilities for SS&C Black… Read More >>
Be a Disruptor, Not the Disrupted: Q&A
(The mindset at financial technology and wealth management infrastructure company BetaNXT “is to be the disruptor, not the disrupted,” says Bob Santella, CEO of BetaNXT, in this FTF News Q&A. Santella was voted Fintech Business Leader of the Year for his role as CEO of BetaNXT. Being a disruptor does not mean chasing the latest… Read More >>
