Rivvit Inc., a data management and reporting solutions provider, now offers a virtual analyst that uses artificial intelligence (A.I.) technologies to help end-users at investment management firms use natural language conversations to interact with data and documents. Rivvit’s virtual assistant is intended to help front, middle, and back-office teams retrieve natural language answers about portfolio… Read More >>
LCH SA & OVHcloud Agree to Collaborate
LSEG officials report that the company’s Paris-based clearing house, LCH SA, is working with cloud provider OVHcloud in an effort to support “enhanced operational resilience, strengthened security, greater scalability and velocity of change” for LCH SA’s services. OVHcloud, also known as OVH Groupe SA, is based in Roubaix, France, and offers public and private cloud… Read More >>
Time to Unify the SEC & CFTC?
Should the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) become a single, unified regulator? It’s not a new question, and recently I have been asking industry veterans if now is a good time to unite the regulators as a way of achieving regulatory efficiencies. But Timothy G. Massad,… Read More >>
Can AML Systems That Use A.I. Avoid Hallucinations?
(David Caruso is vice president of financial crime compliance at WorkFusion, which describes itself as a pioneer in A.I. agents for financial crime compliance. A financial crime risk and compliance industry veteran, Caruso has worked as a former special agent with the U.S. Secret Service and as a builder of AML and sanctions compliance programs… Read More >>
T. Rowe Price Deploys Customized Platform for Corporate Bonds
T. Rowe Price has a customized platform, a version of the Primary Bond Issuance (PBI) data management and workflow solution from Genesis Global for corporate bond deals that the asset manager’s fixed-income team can use to streamline the bond deal lifecycle, officials say. Genesis customized the PBI platform for T. Rowe Price to help the… Read More >>
Millennium bcp Takes On FRTB & Market Risk
Officials at Millennium bcp say they are bolstering the financial services firm’s compliance with the Fundamental Review of the Trading Book (FRTB) and market risk management capabilities through a strategic partnership with Murex, a trading, risk management, and processing solutions provider. “Under this agreement, Millennium bcp will implement Murex’s MX.3 platform to strengthen its market… Read More >>
Webull Singapore Uses CQG for New Futures Offering
Officials at CQG and Webull Securities (Singapore) Pte. Ltd. report that CQG is providing global trading infrastructure and order-routing access to support Webull Singapore’s new futures offering, which will be integrated with other offerings from Webull entities in Asia-Pacific that also use CQG technology. Webull Singapore is a subsidiary of Webull Corp. in the United… Read More >>
Broadridge’s DLR Processed $385B in Repos Last Month
Broadridge Financial Solutions, a provider of services, systems, and software for securities operations, reports that its Distributed Ledger Repo (DLR) platform hit a record $385 billion in daily repo transactions during October, a record increase of 492 percent over $65 billion in transactions processed in October 2024. In addition, the results last month are 13… Read More >>
TRG Screen’s A.I. Feature Deepens Data Cost Insights
TRG Screen, a provider of market data and subscription cost management technology, has released Xmon AI Assist, a capability intended to bring conversational analytics to market data cost management, officials say. Xmon is a reference data cost and usage monitoring solution that offers “visibility into consumption patterns, cost drivers and vendor billing,” officials add. The… Read More >>
Exegy’s Axiom Platform Adds Key Canadian Feeds
Axiom, a market data-as-a-service solution platform, has expanded its real-time, low-latency equity data access to key Canadian feeds, officials say. Axiom is an offering from Exegy, a market data, trading technology, and managed services provider for the capital markets. The expanded coverage is facilitated via Exegy’s implementation of the TMX Information Processor (TMX IP), a… Read More >>
