The Fixed Income Clearing Corp. (FICC) may be able to offer triparty clearing in time for expanded U.S. Treasury clearing rules via a new offering, dubbed the ACS Triparty Service, within its Agent Clearing Service (ACS) capabilities. However, the Securities and Exchange Commission (SEC) must agree to a rule change requested by FICC officials. “As… Read More >>
BNY Taps Behavox for A.I.-based Compliance Monitoring
Custodian bank BNY reports that it has implemented a voice and communication surveillance platform from provider Behavox that uses artificial intelligence (A.I.) technologies to create insights from structured and unstructured corporate data, officials say. The software-as-a-service (SaaS) implementation of Behavox’s Quantum platform encompasses BNY’s communication channels across 16-plus languages. “BNY is benefiting from Behavox’s flagship… Read More >>
