Clearwater Analytics (CWAN), a cloud-native provider of an integrated, front-to-back office operations platform for institutional investors, has unveiled CWAN GenAI, a “production-ready” layer embedded with generative artificial intelligence capabilities intended to improve investment management, risk management, reporting, and securities operations across more than $10 trillion in institutional assets, officials say. CWAN clients can access CWAN… Read More >>
Buy-Side IT Spending Up as Traders’ Compensation Shrinks
Are buy-side firms starting to shift more funding toward IT and data for trading and securities operations and away from compensation for front-line traders? The most recent answer appears to be in the affirmative, according to a new report from market research firm Greenwich Associates, which chronicles how “technology spending is crowding out trader pay… Read More >>
