GoldenSource Scout AI Platform Seeks to Bring Trust to Data

GoldenSource has launched an artificial intelligence platform called GoldenSource Scout, which is designed to help financial services firms establish trusted data context for AI models.

The release follows findings from the InvestOps 2026 research report, which indicated that 98 per cent of firms are concerned that poor data could lead to incorrect artificial intelligence insights.

“The test for AI is not whether it can generate answers, but whether those answers can stand up to operational scrutiny, governance expectations and board-level accountability,” said GoldenSource chief executive James Corrigan. “That is where trusted data context becomes essential.”

The platform allows clients to query and interpret data across multiple domains through a chat interface or an agent-building tool deployed on Amazon Bedrock.

It expands upon the company’s previous data management services, which have focused on standardising and operationalising complex market data for four decades.

MSCI Buys First Street to Bolster Climate Risk Data Offering

MSCI has acquired physics-based climate risk data and analytics provider First Street as it seeks to enhance its climate risk capabilities.

The US$120 million transaction coms as as financial institutions demand physical climate risk data embedded into workflows to inform decision-making during accelerating global climate risks, MSCI said.

“The integration of First Street data into MSCI’s existing geospatial capabilities will enable clients to be better informed about their changing risk exposures and translate that directly into financial decision-making,” Richard Mattison, head of sustainability and climate at MSCI, said,

First Street provides multi-hazard models that incorporate climate signals to assess physical risk exposure, asset damage and business interruption.

The transaction is expected to close in the third quarter and builds upon MSCI’s previous developments in geospatial intelligence, climate scenario analysis and transition finance.

NeoXam Agent Attaches Automative Functionality to Platform

NeoXam has launched NeoXam Agents, an agentic artificial intelligence platform for building and supervising artificial intelligence agents, a set of specialised agents in preview and an early-adopter programme launching in the third quarter.

The innovation attaches digital agents directly to the company’s existing products across the back and middle offices of investment firms to utilise operational data where it resides. The company says the new applications will help organisations achieve 90 per cent time savings on investment operations.

“Having an agent is the easy bit – running a fleet of them in a regulated firm is the real challenge, and that’s what we’ve delivered,” said NeoXam chief product and technology officer Clément Miglietti.

The specialised agents will become generally available in September 2026 and target specific operational tasks such as reconciliation, compliance and reporting.

The announcement follows the deployment of NeoXam Structure, a product that extracts figures from documentation and transfers validated data to internal systems with a reported processing time reduction from 15 minutes to about 1 minute per document.

Advisory Summit Selects Finbourne as Fund Administration Provider

Finbourne Technology has been chosen as the strategic fund administration platform for Summit Group, a provider of fiduciary, fund and advisory services.

The enterprise data management platform will consolidate instrument, pricing, holdings and transaction data from various market data providers, custodians and counterparties.

This choice follows an evaluation process intended to upgrade the infrastructure across Jersey, Guernsey and international locations.

“This investment in Finbourne’s platform reflects our continued commitment to providing the institutional-grade, future-ready administration capability that clients expect,” said Summit chief executive Matt Claxton.

The system is intended to deliver investment book of record, fund accounting and transfer agency services from a unified data foundation. This deployment follows the 2025 acquisition of R&H Jersey to expand service capabilities across the Channel Islands.

New Portal Offers SEI Clients Data Management Functionality

SEI has introduced an updated investment management platform that merges SEI Data Cloud with a portal named SEI Scope to manage data access, workflows and operations.

Global investment managers collaborated on the system to cover the full operational lifecycle through automation and data governance, the provider of financial technology, operations and asset management services said.

The technology is designed to reduce complexity and help firms move faster without compromising oversight, said Phil McCabe, the head of SEI’s investment managers business.

The changes include the integration of a client lifecycle management platform alongside waterfall calculation and scenario analysis tools.

Pennsylvania-based SEI previously launched an automated onboarding platform for collective investment trusts and partnered with IBM to use artificial intelligence for enterprise transformation.

SEI also announced the appointment of former Avaloq leader Barry Frame as the company’s head of international private banking and wealth Management services.

ESMA Recognises ICE’s Data Indices Unit as Benchmark Administrator

The European Securities and Markets Authority (ESMA) has granted recognition to Intercontinental Exchange’s (ICE) Ice Data Indices as a third-country benchmark administrator.

This recognition allows one hundred climate transition and Paris-aligned benchmarks offered by the administrator to remain available for use by supervised entities in the European Union. The fixed income benchmarks incorporate ESG screening criteria alongside a carbon reduction methodology.

Preston Peacock, head of Ice Data Indices, said that receiving this recognition expands the organisation’s reach and supports efforts to help investors make decisions to achieve emission reduction goals.

The administrator also manages other benchmarks that are not subject to the European Union benchmarks regulation. Ice Data Indices previously secured recognition as a third-country benchmark administrator from the UK Financial Conduct Authority.

EXL Integrates NVIDIA Foundation Model to Expand Proprietary Data Use

EXL has integrated the Build Your Own Transaction Foundation Model developer example from NVIDIA into its artificial intelligence and analytics offerings, enabling financial institutions to build and deploy transaction intelligence applications using their own data.

The application uses a foundation model designed to analyse billions of transaction events, such as payments, transfers and behaviour signals. Foundation models provide a unified intelligence layer across transaction activity rather than relying on separate systems for individual tasks.

“Every financial institution is sitting on decades of transaction data that holds the answer to their biggest challenges – fraud, risk, underwriting, customer experience,” said Kevin Levitt, senior director of global business development for the financial services industry at NVIDIA. “By integrating the Build Your Own Transaction Foundation Model developer example with EXL’s deep financial services expertise, financial institutions create a shared intelligence fabric that drives smarter decisions and better customer outcomes.”

The technology helps institutions transition from rules-based systems to automated transaction monitoring by embedding the tool into the EXLerate.ai platform.

The development expands a collaboration between the two companies to help enterprises deploy industry-specific AI solutions.

Diginex Adds Supply Chain Risk Tech to Platform

ESG, sustainability and compliance specialist Diginex has integrated Risk-to-Remedy as an end-to-end supply chain due diligence solution.

The framework combines worker-level evidence, prioritised remediation and regulator-ready reporting to verify company declarations. It builds on the technologies of Lumen for risk assessment and Apprise for worker engagement, alongside the acquired expertise of The Remedy Project in grievance mechanisms.

Future features will enable clients to manage assessments, collect evidence, monitor non-compliance and maintain records.

Marathon Asset Management Hosts Investment Tech on SimCorp One

Marathon Asset Management, an equity manager based in London, consolidated its investment infrastructure on SimCorp One to retire legacy systems and establish a single data layer across the firm.
The move extends a partnership that began in 2010, which replaces multiple vendor platforms with an integrated platform to automate processes across the investment lifecycle.
The consolidation aims to reduce data reconciliation time, decrease technology management costs, and lower operational risk.

GoldenSource Appoints Ex-SimCorp Leader to New CCO Role

GoldenSource has appointed Jesper Cordes to the newly created chief customer officer role, in which he will lead global account management and customer success functions for the financial data management platform provider.
Cordes previously worked at Enfusion as managing director of client services and spent 25 years at SimCorp, where he created and led the data company’s North American customer organisation.
The position involves helping clients realise value from the platform as financial institutions manage data across investment operations, trading, risk, regulatory reporting, post-trade and AI-readiness.
James Corrigan, chief executive at GoldenSource, said: “Both buy-and sell-side firms are under pressure to modernise the data foundations behind critical decisions, workflows and outcomes. Jesper understands the complexity our clients face, and the level of partnership required to help them succeed. His experience building executive-level client relationships across financial technology makes him the right leader for this next phase of our growth.”