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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…

New York City to Welcome 14th Data Management Summit with Focus on AI

The annual A-Team Group Data Management Summit New York City (DMS NYC) is almost upon us, with a roster of leading companies and executives lined up to cast an expert eye over an industry at yet another pivotal point in its evolution. Artificial intelligence (AI) is up-ending the way financial institutions use the data that…

Recorded Webinar: Strategies, tools and techniques to extract value from unstructured data

Unstructured data is voluminous, unwieldy and difficult to store and manage. For capital markets participants, it is also key to generating business insight, making better-informed decisions and delivering both internal and external value. Solving this dichotomy can be a challenge, but there are solutions designed to help financial institutions digest, manage and make best use…