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CommCentral Unveiled by Broadridge to Monitor, Utilise Communications Data
Broadridge Financial Solutions has rolled out CommCentral, a cloud-based application that enables bank and broker-dealer clients to query and surface insights from investor communications. Users of CommCentral can also create customised alerts and communications monitors to unearth cues and prompts that can generate and streamline workflows. CommCentral “offers firms immediate access to essential communications data…
Data Modernisation is Anything but Simple: DMS NYC Report
Modernisation and simplification of data architectures has become a mantra for financial institutions as they seek to get the most out of their data – but it’s a goal that’s beset by many challenges. Not least among them is change management; convincing the organisation’s chief financial officer and engineering teams that a transformation of its…
Wand.ai Software Update Seeks to Democratise Use of AI
Software developer Wand.ai has rolled out an enhanced version of its artificial intelligence (AI)-based platform that’s aimed at enabling even the least tech-savvy operator to harness the benefits of machine learning and generative AI (GenAI). The updated version of the collaborative multi-agent software adds broader agent capabilities and updates the user interface. Wand.ai co-founder Philippe…
AI No Magic Wand for Augmented Data Quality: A-Team Group Webinar
Artificial intelligence (AI) is often seen as a magic wand for many data operations but when it comes to augmenting data quality processes, the technology’s potential comes with a few caveats. Trusted data is critical to the smooth running of financial institutions’ operations. AI has shown incredible capabilities to ensure that, especially in such tasks…
Bloomberg’s VDR Offers Data Fitting Room to Tackle Information Overload
Data overload is a phrase that’s being more commonly heard as the volume of digital information available to financial institutions swells. More than that, finding the data that best suits their specific needs has become an arduous task, especially given that it can take the best part of a financial quarter to onboard new data…
EZOPS Acquisition Boosts NeoXam’s Data Management Capabilities
NeoXam has acquired EZOPS, a company that offers clients artificial intelligence (AI)-enabled data control, workflow automation, reconciliation, and regulatory reporting services. Paris-based financial software specialist NeoXam said the purchase would enable it to expand its presence in US, Ireland and India, where EZOPS has its offices. The move comes as NeoXam seeks to bolster its…
Canoe Provides Data Services to Alt Funds Processing Firm Fundcraft
Fund-of-fund management clients of Fundcraft now have access to Canoe Intelligence’s data management capabilities, enabling them to streamline their data and document processes. The deal will see the alternative investments operations services provider utilise New York-based Canoe’s artificial intelligence (AI)-enhanced technology to collect, clean, validate, order and distribute their data. Luxembourg-headquartered Fundcraft said also that…
Informatica to Manage Data, Governance for Lenders Mortgage Insurer Helia
Helia, an Australian lenders mortgage insurer, has selected Informatica to improve data management and governance around its claims processing capabilities as the home loans sector sees a surge in digitalisation. Sydney-headquartered Helia said the artificial intelligence (AI)-powered data services company would help it accelerate claims and streamline its data pipeline. It hopes that the using…
Bloomberg Lets Customers Test Drive its Datasets
Bloomberg is throwing open its data trove to prospective users, enabling them to interact with the information before deciding on whether to buy into new datasets. The Virtual Data Room will give customers the chance to explore the coverage, quality and usability of Bloomberg’s Bulk Data License datasets. The service is designed to accelerate the…
Handle With Care: BNY Takes Disciplined Approach to AI Implementation
The huge opportunities offered by artificial intelligence (AI) can appear overwhelming and it’s important that financial institutions carefully manage the risks they pose to get the most out of this new generation of solutions. That’s among the key messages that Eric Hirschhorn, chief data officer at banking giant BNY, will convey when he takes the…