The percentage of companies whose business is at risk of climate impacts has risen 70 per cent in two years, according to technology provider RepRisk, which uses a variety of geolocated datasets to establish ESG hotspots around the world. Of those, 80 per cent were private companies. The number of companies at risk is now 2,200, 1,500 of which are private, RepRisk said.
Unstructured data accounts for a growing proportion of the information that capital markets participants are using in their day-to-day operations. Technology – especially generative artificial intelligence (GenAI) – is enabling organisations to prise crucial insights from sources – such as social media posts, news articles and sustainability and company reports – that were all but...
Most businesses are struggling to prepare their data to meet a new European regulation that is designed in part to deliver huge troves of corporate ESG information into financial institutions’ systems. More than four-fifths of companies questioned in a study by data mastering company Semarchy said they lack confidence in their data management capabilities to...
The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.
After what looked like a slow start to the summer, the initiative to establish a global standard for legal entity identifiers (LEIs) took a series of significant leaps forward during August, that appears to have put the project firmly back on track. If the marketplace felt a little reticent in June and July, it could...