Interactive Data’s chief marketing officer Mary Ivaliotis is the latest exec to depart the data vendor following its post-acquisition management shake up at the start of this year. Last month, president of institutional sales Cort Williams jumped ship to join data vendor rival SIX Telekurs.
Large language models (LLMs) and Generative AI applications are a hot topic in financial services, with vendors offering solutions, financial institutions adopting the technologies, and sceptics questioning their outcomes. That said, they are here to stay, and it may be that early adopters of Generative AI apps could gain not only operational benefits, but also...
Kx Systems has released version 3.0 of its kdb+ database, improving performance and simplifying the storage of massive data sets, such as long histories of time series data. The optimised code in 3.0 utilises Intel “Sandy Bridge” processor Advanced Vector Extensions (AVX) and Streaming SIMD Extensions (SSE) instructions to boost performance of calculations. As for...
Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.
The US Foreign Account Tax Compliance Act – aka FATCA – raised eyebrows when its final regulations requiring foreign financial institutions (FFIs) to report US accounts to US tax authorities were published last year. But with the exception of a few modifications, the legislation remains in place and starts to comes into force in earnest...
