A-Team Insight Author: sharon
S&P Global’s Cappitech Extends Pirum Collaboration for SEC Rule 10c-1a
Pirum, the London based, post-trade services and securities financing automation vendor and the Cappitech unit of S&P Global Market Intelligence have extended the functionality of their joint Securities Financing Transaction Reporting (SFTR) solution to address the upcoming SEC rule 10c-1a, which covers the reporting of securities lending transactions. The two originally partnered in 2021 to...
ESG Space Has Strengthened Under Pressure, Summit Lead Speaker Says
The ESG space has emerged stronger from a bruising year of criticism, with financial institutions and companies alike taking a more considered approach to integrating sustainability considerations into their operations. That is the message from the lead speaker at this year’s ESG Data and Tech Summit London, who also forecasts that vendors and users will...
FCA Greenwashing Rule Raises Questions Over Data Requirements
The UK will implement its own anti-greenwashing rule at the end of this month but some industry participants are concerned that its data requirements are vague and could be misinterpreted by institutions. The Financial Conduct Authority’s (FCA) rule, part of its broader Sustainability Disclosure Requirement (SDR), expects companies to ensure that any sustainability claims made...
FactSet Expands GenAI Offerings with Portfolio Commentary
FactSet, provider of a financial digital platform and enterprise solutions, has expanded its GenAI offerings with Portfolio Commentary. The solution complements the company’s performance attribution capabilities with detailed and source-linked commentary allowing buy-side and wealth managers to understand key drivers of portfolio performance more holistically. Powered by large language models (LLMs), Portfolio Commentary also reduces...
Snowflake Releases Arctic Open-Source LLM for Complex Enterprise Workloads
Snowflake has released Arctic, an open-source large language model (LLM) designed to deliver top-tier intelligence and efficiency at scale, and optimised for complex enterprise workloads. The company’s debut of its own open-source LLM takes it into competition with the likes of OpenAI’s GPT-4, Google’s Gemini, Meta Platforms’ Llama 2 and Mistral AI’s Mixtral. Snowflake Arctic...
Exactpro Wins Award for Most Innovative Professional Development Initiative in A-Team Group Innovation Awards 2024
Exactpro has won the award for Most Innovative Professional Development Initiative in A-Team Group’s Innovation Awards 2024. These annual awards celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies and techniques to deliver high-value solutions for financial institutions in capital markets. Exactpro’s professional development initiative was selected as an...
A-Team Group Names Winners of Innovation Awards 2024
A-Team Group has named the winners of its prestigious Innovation Awards 2024. The awards celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets with a focus on data management, trading technology, RegTech or ESG. This year’s...
Generative AI in RegTech: Promise, Pitfalls and a Glimpse Into the Future
The release of ChatGPT in October 2022 created an overnight sensation and Artificial Intelligence (AI) now dominates every corner of the business news cycle including financial services and capital markets. Before ChatGPT, the world of AI/ML revolved largely around data scientists and communities of developers on GitHub. Financial institutions have been leveraging AI technologies for...
T+1 Accelerators Showcased at Symphony Innovate 2024
With less than 30 days until the May 28 T+1 implementation for US markets, collaboration platform operator Symphony last week used the occasion of its annual Symphony Innovate event to highlight three innovations that promise to significantly accelerate the resolution of post-trade exceptions. The new capabilities, which build on the company’s foundational secure communication platform,...
Rapid Addition and Chainlink Bridge TradFi and DeFi with FIX-Native Blockchain Adapter
Rapid Addition, the provider of FIX connectivity solutions, has collaborated with Chainlink, the infrastructure for tokenised assets, to create a FIX-native blockchain adapter for institutional digital asset trading, built using Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The strategic partnership aims to enhance interoperability between the traditional finance (TradFi) world of banks and financial institutions and the...