S&P Global Integrates AI Document Analysis on Salesforce AgentExchange

S&P Global has made its S&P Capital IQ Pro Document Intelligence available to users of Salesforce’s AgentExchange, integrating Generative AI directly into customer relationship management workflows.

S&P Global said this will simplify how customers analyse complex company documents, boosting productivity and enabling clients to make quicker, data-informed decisions.

The new integration builds on S&P Global’s partnership with the Salesforce Independent Software Vendor (ISV) programme, and is accessible through Salesforce’s marketplace for agentic AI tools.

SIX Signs Seven-Year Strategic Partnership with Barclays

Financial data provider SIX has signed a seven-year strategic partnership with Barclays. The agreement will provide all divisions of the global banking group, including its investment banking, retail, wealth management, and corporate services, with access to SIX’s comprehensive suite of financial data products. The partnership is intended to support Barclays’ international growth and drive cost efficiencies, aligning with the bank’s wider strategic transformation, with a goal to reduce costs by £2bn by 2026.

The collaboration builds on a longstanding relationship and will see Barclays contributing to the product strategy and development of new data and analytical products from SIX. In return for providing access to services such as real-time market data, wealth management capabilities, and regulatory reporting solutions, the partnership supports SIX’s own plans to expand, by helping strengthen the provider’s presence in key regions like the US and Asia, where Barclays has a significant footprint.

NeoXam Opens New Office in India

FinTech software provider NeoXam has opened a new office in Chennai, India, the French company expands its reconciliation-as-a-service product.

The move follows NeoXam’s acquisition of artificial intelligence-powered reconciliation company EZOPS, which initially opened the Chennai hub in 2022.

Private Markets ESG Data Startup Novata Acquires Atlas Metrics

Novata, an ESG data startup for private markets participants, has acquired European sustainability performance and reporting platform Atlas Metrics.

The purchase is targeted at helping New York-based Novata expand internationally, leveraging Atlas’ ESG compliance and sustainability performance management platform for banking and corporate clients.

Data Quality Tops List of Fixed-Income Market Challenges

Poor data quality has topped a list of challenges faced by fixed-income market participants in a survey by SIX.

The poll found that almost three-fifths of respondents said that issues such as mismatches in reference data, such as identifiers, or coupon details delaying settlements were the leading hurdles to smooth operations. Data integration was a problem for almost half of respondents and a third cited a lack of data transparency.

DMS USA Awards Winner Alkymi Launches Investment Data Management Tool

Private markets data an technology provider Alkymi has launched Alkymi Alts, an investment data management tool.

Alkymi, which won the Best AI-Based Data Management Capability going at A-Team Group’s Data Management Summit USA Awards this year, said the new service “streamlines complex workflows, automates data extraction and validation, and provides powerful analytics with configurable dashboards, all integrated seamlessly with portfolio management, accounting, and CRM systems”.

ESG Reporting Platform Greenomy Acquired by Position Green

Sustainability reporting solutions provider Greenomy has been acquired by ESG software developer Position Green.

Brussels based Greenomy, which had been majority funded by Euroclear, is hoped to provide Position Green with an across-the-board analytics and compliance offering.

Acceldata Makes Agentic Data Management Platform Available to Clients

Clients of data observability technology company Acceldata can now utilise the company’s artificial intelligence agents to unify governance, quality, catalogue and observability processes.

Its Agentic Data Management platform will “enable enterprises to move from static governance and monitoring to dynamic, agentic systems that anticipate needs, adapt in real time and operate at scale”, said Acceldata chief executive Rohit Choudhary.

SimCorp Extends Private Markets Capabilities

FinTech provider SimCorp has introduced a private markets products to enable general partners, fund administrators, alternative investment fund managers), management companies and depositories to automate their operations.
SimCorp Alternatives adds to the Danish company’s existing total portfolio view offering for private asset owners within its SimCorp One platform.

Banks’ Data Estates Still Not Ready to Leverage AI and Innovations: Report

Banks still have gaps in their data management capabilities, which are preventing them from fully utilising new technologies such as artificial intelligence, according to a report by Cornerstone Advisors.

The consultancy’s “Improving Your Financial Institution’s Data IQ” study stated that lenders scored “50 out of 100” for their ability to acquire, manage and use data. But it added that shortcomings like siloed tech stacks and manual processes, such as continued use of spreadsheets, were mitigating against then taking full advantage of innovations.

“The banking industry stands at a critical inflection point as artificial intelligence (AI) transforms core banking operations, customer experiences, and risk management frameworks,” the report stated. “Although AI promises unprecedented efficiency gains and competitive advantages, many banking institutions are struggling to bridge the gap between their current data infrastructure and the sophisticated requirements of modern AI systems.”