Behavox Secures ISO/IEC 42001 Certification as AI Governance Expectations Rise

Behavox has earned certification to ISO/IEC 42001:2023, the first international standard for Artificial Intelligence Management Systems (AIMS). The certification, independently validated by Prescient Security, reflects the company’s efforts to formalise responsible, transparent and risk-based AI practices across its product ecosystem.

The standard is designed to help organisations structure and oversee the entire AI lifecycle—from design and engineering through deployment, monitoring and assurance. For Behavox, this spans the work of its Data Science organisation, including AI Engineering, AI Research, Data QA, ML Operations and AI Compliance teams, and covers its role as an AI Provider, Producer and System Integrator.

Behavox positions the certification as part of its long-term approach to trustworthy AI rather than a standalone compliance milestone. “This certification validates our deep commitment to ethical AI, risk-based governance, and operational excellence,” said Tigran Petrosyan, Head of Security and AI Governance Lead at Behavox. “By aligning our AI practices with ISO/IEC 42001, we not only meet global standards but go beyond them to set the benchmark for responsible AI in compliance and risk management.”

The certified scope includes Behavox Quantum, its AI-powered communication supervision solution used by global financial institutions and regulated firms. The company’s AIMS incorporates structured risk assessments, accountability and human oversight, model fairness and bias testing, and alignment with international regimes such as the EU Artificial Intelligence Act, Colorado AI Act, EU Market Abuse Regulation, GDPR, CCPA, DORA, and supervisory expectations from ESMA, FINRA, NFA, MAS, JSDA and IIROC.

According to Behavox, the certification will also support customers’ own governance obligations by providing assurance that core AI technologies are developed and managed under a recognised global framework. “As regulators, customers, and society demand more accountability in AI, this certification shows we’re not just using AI – we’re governing it responsibly,” added Nabeel Ebrahim, Chief Revenue Officer at Behavox.

CDM Momentum Builds as TradeHeader Reaches 1,000 Course Milestone

TradeHeader’s introductory training on the Common Domain Model (CDM) has now passed 1,000 learners, reflecting the growing appetite across financial institutions for practical, accessible pathways into data standardisation. The course – developed by TradeHeader and delivered via the Linux Foundation’s training platform in collaboration with the Fintech Open Source Foundation (FINOS) – offers a concise grounding in how the CDM works and why it matters for reporting, interoperability and operational efficiency.

The milestone comes at a time when financial institutions are increasingly looking to embed open-source standards into day-to-day compliance workflows. With regulatory reporting regimes expanding and firms managing multiple templates, interpretations and local mappings, many teams are seeking a clearer, more consistent approach to expressing the logic behind their reporting data. The CDM’s promise of standardising lifecycle events and enabling machine-readable rules has therefore become more strategically relevant, particularly for institutions grappling with resource constraints – see FpML to DRR: TradeHeader’s Journey to the Heart of Regulatory Data Standards

TradeHeader’s long involvement in shaping industry standards – spanning FINOS CDM, ISDA’s Digital Regulatory Reporting (DRR), FpML and FIX – adds important context to this uptake. The firm participates in and chairs several working groups, and this proximity to the standard-setting process helps ensure the curriculum reflects both current practice and emerging regulatory expectations. The training aims to equip compliance officers, engineers and developers with enough foundational understanding to support CDM and DRR implementation internally or to manage vendor engagement more effectively.

Marc Gratacos, Founder and Managing Partner at TradeHeader, notes the shift in how institutions view regulatory change: “Regulatory compliance is no longer a one-off project that companies can complete and move on from – we at TradeHeader understand that it is an ongoing fact of life for organisations in the financial space. Many firms do not have the resources, time, or in-house expertise to implement the Common Domain Model and Digital Regulatory Reporting frameworks themselves. TradeHeader is committed to helping companies to meet these challenges using our proven blend of technology and industry expertise.”

This perspective aligns with broader industry dynamics. As firms adopt more digital regulatory frameworks, understanding how to codify rules as CDM functional expressions is becoming a baseline capability rather than a specialist task. The course addresses this directly, giving learners a structured introduction to the techniques used to translate regulatory text into shared, machine-executable logic.

The strong engagement also signals a rising expectation that market participants maintain fluency in data standards – not simply at the architect level, but across compliance, reporting and technology teams. Better familiarity with the CDM can reduce integration and interpretation risk and support more accurate, timely reporting across complex derivatives and securities workflows.

The training is openly accessible via the Linux Foundation:

SIX Acquires Baymarkets AS to Enhance Post-Trade Capabilities

SIX has announced the acquisition of Baymarkets AS to accelerate innovation within its clearing business and strengthen its position as a prominent pan-European provider of post-trade solutions. While financial terms were not disclosed, the transaction represents a significant step in the company’s strategy to deliver integrated, digital solutions. The integration of Baymarkets’ technology will enhance the SIX product portfolio, providing a future-proof derivatives clearing platform capable of scaling with the company’s growth ambitions.

Founded in 2007 and headquartered in Oslo, Baymarkets specialises in clearing platforms for both exchange-traded and OTC markets. Its systems offer a robust risk model covering multiple currencies and asset classes. Rafael Moral Santiago, Head of Securities Services at SIX, stated that combining Baymarkets’ innovative systems with the existing infrastructure will speed up the modernisation of clearing technology, ultimately delivering faster and more flexible services to market participants across Europe.

Deutsche Börse Group and AllUnity Sign MoU to Integrate Euro-Backed Stablecoin

Deutsche Börse Group and AllUnity have signed a Memorandum of Understanding to integrate AllUnity’s regulated euro-backed stablecoin, EURAU, into the Group’s financial infrastructure. AllUnity is a regulated e-money institute and joint venture between DWS, Flow Traders, and Galaxy. As part of this cooperation, the EURAU stablecoin will be made available for institutional-grade custody through Clearstream. This process will leverage the German entity of Crypto Finance, a subsidiary of Deutsche Börse Group, acting as the sub-custodian to ensure a secure operational framework.

The partnership aligns with the EU’s Markets in Crypto-Assets Regulation (MiCAR), providing a compliant and fully reserved solution for market participants. The collaboration aims to enhance settlement and liquidity processes while digitising European markets. Future phases of the cooperation intend to integrate the euro stablecoin across Deutsche Börse Group’s entire service portfolio. This initiative complements the Group’s broader digital strategy, which includes existing cryptocurrency services and recent trials involving wholesale central bank digital currencies (wCBDC) using its D7 DLT tokenisation solution.

Valereum Plc Secures $200m Financing to Advance US Listing and Platform Development

Valereum Plc has secured $200m in investment-grade asset-backed financing to support its global growth strategy. This transaction represents a significant milestone, being approximately ten times larger than any previous capital raise on the Aquis Exchange. The deal is expected to close within four weeks, subject to the completion of due diligence and regulatory verification. Upon closing, Valereum will announce a revised Board structure featuring two new directors appointed by QGP.

The UK-based fintech company will utilise the capital to bridge traditional finance with emerging blockchain technologies. A primary objective is to advance the process for a US listing on NASDAQ or NYSE, aiming to increase market visibility and global investor access. Furthermore, the funds will accelerate the development of Valereum’s AI-driven tokenisation and Royalty & Streaming platform, alongside the establishment of a Digital Asset Treasury to manage digital assets strategically. The Company also plans to pursue new acquisitions and partnerships to diversify revenue streams.

NeoXam Rolls Out AI-Powered IDP Automation Software for Private Markets

Data management and portfolio software provider NeoXam has launched AI-powered Intelligent Document Processing (IDP) to automate the ingestion, classification, extraction, validation and routing of unstructured financial documents across private markets and other sectors.
This product addresses the growing volume and complexity of private-asset documentation, such as capital calls, distribution notices, and quarterly fund statements.
IDP is a type of software that combines multiple technologies like optical character recognition (OCR), artificial intelligence and machine learning to process, understand and extract data from documents, transforming unstructured data into structured data for use in business systems.
IDP classifies each document, extracts required data fields and maps them to standardised schemas relevant to private-market data models.
The technology uses large language model-assisted parsing to enhance the recognition of domain-specific terms and layouts, while AI-based validations flag anomalies for review.
Neoxam said the solution is built for asset managers and servicers facing document sprawl, which causes fragmentation, slows onboarding and creates audit gaps.

Canoe, Prime Buchholz Extend Data Tie-up on Private Markets

Canoe Intelligence, which provides AI-driven software for alternative investment intelligence, and Prime Buchholz, a leading investment adviser and outsourced chief investment officer provider (OCIO), announced an expansion of their strategic partnership into a private markets intelligence solution.
Both firms’ capabilities will be connected across document collection, data validation and analytics to eliminate manual handoffs that can slow alternative investment workflows. The unified offering allows investment, research, and data teams to rapidly track performance metrics, analyse cash flows and identify exposures across alternative investments.
The enhanced solution builds on Prime Buchholz’s multi-year use of Canoe’s platform to automate the collection and AI-driven extraction of data from source documents for its 250 institutional clients.
Dan Ricci, head of information systems at Prime Buchholz, said the integration reduces the time to get portfolio company data from an industry standard of two or more weeks to “a couple days”.

SimCorp’s Axioma Risk to Stay on Innocap’s DMAP

Innocap has said it will continue using SimCorp’s Axioma Risk for risk analysis on its dedicated managed account platform (DMAP).
The agreement ensures that Innocap will maintain its use of SimCorp’s risk solution to serve its institutional allocator clients. The Axioma Risk solution provides risk monitoring, comprehensive stress testing, scenario analysis to assess portfolio resilience, and enhanced transparency into direct holdings and underlying exposures.
Andrew Lapkin, chief operating officer at Innocap, said the agreement reflects the value of the Axioma analytics suite, citing its “scalability, reliability and multi-asset class capabilities”.
Innocap’s platform uses Axioma Risk as its core analytics engine, processing risk assessments for hundreds of thousands of instruments monthly.
Unlike a traditional commingled vehicle, a DMA is an independent, customisable fund created for a single institutional allocator who owns and controls the segregated portfolio assets.

Bloomberg Unveils Commodity Indices

Bloomberg Index Services Limited (BISL), the company’s market benchmarks business, has launched two new commodity indices.
The Bloomberg Commodity Carbon Tilted, Transition Metals, & Gold Index (BCOMCTG) and the Bloomberg Commodity Global Oil & Gas Liquidity-Weighted Index (GCOMOGL) expand the firm’s commodity offerings.
These new thematic basket indices are forward-looking benchmarks aligned with themes like energy transition and infrastructure investment.
“These new indices are designed to track that evolution and the way commodities demand is being reshaped as a result,” said Jigna Gibb, head of commodities and crypto index products at Bloomberg.
The BCOMCTG Index underpins Fideuram’s recently launched D-X Diversified Commodities and Strategic Metals UCITS ETF. The GCOMOGL Index uses a liquidity-weighted methodology to track the global oil and gas sector.

UK’s FRC Issues Standard for Sustainability Data Assurance

The UK’s Financial Reporting Council (FRC) has issued International Standard on Sustainability Assurance (UK) 5000 to provide a consistent, internationally aligned assurance standard for voluntary use in sustainability assurance engagements.
The UK Standard is intended for voluntary use by UK assurance providers and applies to both limited and reasonable assurance. Sustainability assurance assesses the credibility of non-financial reporting, such as ESG data.
ISSA (UK) 5000 is a UK version of the global benchmark standard for sustainability assurance developed by the International Auditing and Assurance Standards Board (IAASB).
Mark Babington, executive director of regulatory standards at the FRC, said: “The release of ISSA (UK) 5000 marks a significant step in establishing a consistent framework for sustainability assurance in the UK.”