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Pensions Insurance Corporation Selects FINBOURNE Cloud-Native Data Management Platform
Following a market review, Pension Insurance Corporation (PIC) has chosen FINBOURNE Technology to provide investment data management capabilities that will help drive its data strategy. PIC, a specialist UK pension insurer, manages a portfolio of about £45 billion and provides guaranteed pensions to over 300,000 people in the UK. It will use FINBOURNE’s cloud-native financial…
Datactics Brings AI-Powered Augmented Data Quality Solution to Market
Datactics, a provider of data quality software solutions, has productised the Augmented Data Quality Solution (ADQ) it previewed in June 2023 and is working with customers on an upgrade rollout. The solution is designed to make faster and more efficient AI-powered data quality accessible and beneficial to all through an enriched user interface and more…
KX Expands Integration with Microsoft Azure to Foster AI Application Development
KX, a provider of vector and time-series data management, has announced two offerings optimised for Microsoft Azure customers: the integration of KDB.AI with Azure Machine Learning and Azure OpenAI Service; and KX Copilot. The integration of KDB.AI with Azure Machine Learning and Azure OpenAI Service allows developers that require turnkey technology stacks to speed up…
Solidatus Joins AWS Marketplace
Solidatus has joined the Amazon Web Services (AWS) Marketplace to bring connected data governance to AWS customers. With integrations to AWS services such as S3 and Redshift, and partnerships and integrations with data management vendors including Collibra, Snowflake, Alteryx, Google BigQuery, BigID, Denodo, Informatica, Oracle, Microsoft, and IBM Redhat, Solidatus can deliver an integrated data…
Bloomberg Collaboration with Google Cloud Increases Access to Data And Analytics
Bloomberg continues to invest in cloud data access with an offering that enables customers of Google Cloud to accelerate their data strategies through the integration of Bloomberg’s cloud-based data management solution, Data License Plus (DL+), with BigQuery, Google Cloud’s fully managed, serverless data warehouse. The collaboration also allows mutual customers to access Bloomberg Data License…
Recorded Webinar: Potential and pitfalls of large language models and generative AI apps
Large language models (LLMs) and Generative AI applications are a hot topic in financial services, with vendors offering solutions, financial institutions adopting the technologies, and sceptics questioning their outcomes. That said, they are here to stay, and it may be that early adopters of Generative AI apps could gain not only operational benefits, but also…
Broadridge Offers AI Tools to Help Asset Managers Optimise Product, Strategy and Distribution Decisions
Broadridge Financial Solutions is offering two AI-enabled analytics tools to optimise product, strategy and distribution decision-making for asset managers. DistributionAI is a natural language digital analyst tool within Broadridge’s Distribution Insight platform that provides access to proprietary global asset management market intelligence and research reports to help asset managers optimise distribution, product development, and sales…
Snowflake Cortex Simplifies Route to Deriving Value from Generative AI
Snowflake has unveiled Snowflake Cortex, an innovative managed service designed to simplify how organisations derive value from generative AI. The service provides access to large language models (LLMs), AI models, and vector search functionality in the Snowflake Data Cloud, and includes serverless functions that help users accelerate analytics and build contextualised LLM-powered apps within minutes,…
Rimes Releases Data lakehouse Designed to Provide Insights from Diverse Data Sources
Rimes has released the Rimes data lakehouse, a service that combines the advantages of a data lake and a data warehouse to enable asset managers and owners to quickly access structured and unstructured data and derive valuable insights from diverse data sources. The lakehouse comprises an advanced data storage, processing and distribution platform delivered as…
Moody’s and Google Cloud Partner to Build Large Language Models and Generative AI Apps
Moody’s Corporation and Google Cloud have made a strategic partnership to explore a combination of Moody’s expertise in financial analysis and Google Cloud’s generative AI (gen AI) technologies to help Moody’s customers and employees use large language models (LLMs) to gain financial insights and summarise financial data faster. This is Moody’s second key partnership on…