Duncan Cooper, a data strategy, products and governance expert, has moved on from BNY Mellon to become CDO at Northern Trust Asset Servicing. Cooper joined Northern Trust early this month, having spent two years at BNY Mellon with responsibility for creating and operating the company’s OMNI digital services. During his 25-year career in the financial services industry, Cooper has also held senior roles at banks and companies including HSBC, SimCorp and Bloomberg.
Generative AI (GenAI) and Large Language Models (LLMs) offer huge potential for change across capital markets, not least in regulatory compliance where they have the capability to help firms understand and interpret regulations, automate compliance, monitor transactions in real time, and flag anomalies in the same timeframe. They also present challenges including explainability, responsibility, model...
The UK’s new financial regulators will need clear lines of responsibility and the right statutory objectives if they are to meet their intended aims, the BBA has told the joint committee of MPs and Lords scrutinising the new Financial Services Bill. More important than the new regulatory structure will be clarity in the chain of...
Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.
Sourcing entity data and ensuring efficient and effective entity data management is a challenge for many financial institutions as volumes of data rise, more regulations require entity data in reporting, and the fight again financial crime is escalated by bad actors using increasingly sophisticated techniques to attack processes and systems. That said, based on best...