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Generative AI in 2024 – The Look Ahead for Investors
By Marsal Gavaldà, CTO, Clarity AI. Unlike some technology trends, the hype around generative artificial intelligence (AI) will not fade, and I expect AI to remain a priority for investors in 2024. The emergence of generative artificial intelligence (GenAI) is a watershed moment in the tech industry, as transformational as the advent of the internet,…
BNY Mellon and Microsoft Collaborate On Next-Generation Cloud-Based Data Management Products
BNY Mellon and Microsoft have extended a long-term relationship with a collaboration that will see the bank using multiple Microsoft technologies to develop next-generation data management and software products tailored to the needs of capital markets participants. The collaboration will accelerate the release of BNY Mellon’s data and analytics cloud-based Software-as-a-Service (SaaS) offering that will…
Mosaic Smart Data Research Reveals Front Office Data Challenges
Mosaic Smart Data, a provider of real-time capital markets data analytics, has revealed the challenges front offices in investment banks face when attempting to get their data in a fit state to deploy AI-powered analytics for improved efficiency, productivity and profitability. Mosaic research found data quality and integrity is a critical challenge with 66% of…
The Challenge of Data Integration in a Multiple Data Source World
By Inesa Smigola, Head of Presales, EMEA and APAC at Xceptor. Financial institutions have a growing data challenge – ever increasing data volumes, much of it unstructured, multiple data sources, and hugely varied data formats and structures. Across this is the additional challenge of inconsistent data quality according to data source and format– an Excel…
Bloomberg Releases GenAI-Powered Earnings Call Summaries
Bloomberg has released AI-Powered Earnings Call Summaries, the company’s first generative AI (GenAI) product for terminal users. The tool enables users to decipher complex financial information and quickly extract key insights on topics addressed by corporate management teams, such as guidance, capital allocation, hiring and labour plans, the macro environment, new products, supply chain issues,…
Cognizant Collaborates with Microsoft on genAI Powered Innovation Assistant
Cognizant, a provider of IT, consulting and business process services, has collaborated with Microsoft to launch Innovation Assistant, a generative AI-powered tool built on Microsoft Azure OpenAI Service and designed to augment Cognizant’s internal innovation programme. The Innovation Assistant assimilates enterprise knowledge and enables greater creativity and innovation among teams of Cognizant employees working to…
Recorded Webinar: How to optimise SaaS data management solutions
Software-as-a-Service (SaaS) data management solutions go hand-in-hand with cloud technology, delivering not only SaaS benefits of agility, a reduced on-premise footprint and access to third-party expertise, but also the fast data delivery, productivity and efficiency gains provided by the cloud. This webinar will focus on the essentials of SaaS data management, including practical guidance on…
Platinum Asset Management Selects NeoXam for NextGen Target Operating Model
Platinum Asset Management, an Australia based global equity manager, is planning to upgrade its data and technology capabilities with NeoXam’s DataHub integrated solutions for investment data, performance measurement, and Impress client reporting. The NeoXam data management platform will be deployed to manage reference, market, and investment data within a single, centralised enterprise repository. This will…
Quantexa Partners Anti-Human Trafficking Intelligence Initiative
Quantexa, a provider of decision intelligence solutions, has announced corporate sponsorship and advisory council membership of the Anti-Human Trafficking Intelligence Initiative (ATII). The ATII is a US-based non-profit organisation with a mission to fight human trafficking and child exploitation by providing data to advance the prevention, detection, investigation, and reporting mechanisms required to identify potential…
Qlik and Mozaic Plan SaaS-Based Data Product Catalogue
Qlik, a supplier of data integration and analytics, has acquired Mozaic Data, a provider of AI-driven data management technology. The acquisition is expected to simplify data handling for businesses by focusing on a data product-oriented approach for better data quality and governance. Mozaic’s Data Product Experience approach follows the principles of decentralised architecture and enables…