MSCI and Google Cloud are to jointly create generative AI solutions in an expansion of a collaborative effort to build a data marketplace for ESG investors. MSCI intends to offer the technology driven by Google Cloud’s Vertex AI, along with its climate tools BigQuery Geospatial and Earth Engine.
All data managers are concerned about big data and what it means for them, but there’s little in the way of practical advice for how to make the most of the opportunities it may bring. We delve into some real-life examples of how big data can be used at financial institutions to ease data management...
Poor data preparation for artificial intelligence deployments is exposing financial institutions to greater business conduct risks that could cost them as much as US$43 million per year, according to new research. An updated report by business conduct data provider RepRisk found that such AI-related incidents are on the rise as applications are rolled out at...
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 European corporate actions market could be the stage of some pretty heavy duty discussions regarding standards going forward, particularly with regards to the adoption of both XBRL tagging and ISO 20022 messaging. The region’s issuer community, for one, is not going to be easy to convince of the benefits of XBRL tags, given the...