The Financial Information Services Division (FISD) of the Software & Information Industry Association (SIIA) has named Tom Davin, formerly of Nasdaq, as acting head, following the dismissal of long-time director Mike Atkin, who left last month after a bust-up with SIIA chief Ken Wasch. Davin left Nasdaq after his role was taken by an incoming Brut executive. The FISD oversees the Reference Data Coalition (Redoc) and MDDL standards work.
Data is the fuel that keeps modern financial institutions’ motors running but if that data can’t be trusted then the decisions made based upon it, or the uses to which its put, will be compromised. That’s especially important for data that’s fed into artificial intelligence models. If the data isn’t clean, accurate and complete, then...
Bloomberg has launched a new index that brightens the light that is bringing transparency to often opaque private markets, this time with a focus on one of the sector’s more specialised corners. The New York-based data behemoth’s US BDC Aggregate Eligible Index (Ticker: BDCUSAGG) gives investors a unique view into how bonds issued by the...
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AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...