Wells Fargo Trust Management has gone live with Smartstream’s TLM Trade Process Manager, enabling it to automate exceptions processing for domestic trades. The system replaces a mostly manual process. TLM will be used to identify exceptions before T+3 as soon as the trade is executed. Wells Fargo previously used TLM but mainly for its straight-through-processing capabilities for cross-border trades.
Artificial intelligence (AI) is increasingly being rolled out across financial institutions, being put to work in applications that are transforming everything from back-office data management to front-office trading platforms. The potential for AI to bring further cost-savings and operational gains are limited only by the imaginations of individual organisations. What they all require to achieve...
It’s difficult for data and technology companies to fully service financial institutions’ front-to-back operations when behemoth providers are offering closely integrated capabilities at scale already. Clearwater Analytics, however, has a strategy that it believes will work not by necessarily competing with the big aggregators, but by working with them and filling gaps that they don’t...
Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.
AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...