AI
Can AI beat exceptions out of the back office?
The Waters Wrap: Agentic AI can help operations teams tackle exceptions. But first, they need to get their house in order, writes Wei-Shen.
Photonics: time for trading tech to see the light
The Waters Wrap: While the sector is dominated by Big Tech, photonic-based solutions could one day help trading firms take more control over their AI ambitions, Anthony says.
Banks should not count humans out in adoption of agentic AI
It will take time to strike a balance between humans and AI agents, and it may start in post-trade, Diederik Geeraerts writes.
Trusted data fundamental to AI efficacy across the capital markets
As firms modernize infrastructures and embed AI into critical workflows, high-quality pricing and reference data will continue its evolution from operational necessity to competitive advantage
Navigating the MarketAxess ICE storm
The Waters Wrap: Most of the discussion surrounding ICE’s MarketAxess buy has focused more on benefits for the front office than the data possibilities.
API security flaw highlights AI model vulnerabilities
Researchers uncover a way to make weaker AI models reveal the hidden reasoning of more powerful systems.
On vibe coding, no/low-code dev, and some potential misconceptions
The Waters Wrap: Is no-code/low-code even a thing anymore? Not really. But the companies that championed those terms just a few years ago tell Anthony they aren’t going anywhere.
The complexity of using AI to tackle compliance
The Waters Wrap: Law firms are introducing new tools to help with regulatory compliance, potentially encroaching on regtech vendors’ territory, Wei-Shen writes.
A tidal wave of token costs threatens landfall
Budgeting for AI was never “easy,” but as financial firms rely more heavily on agents, soaring token usage is forcing them to rethink the economics of modern enterprise AI.
Can pairing autonomous AI agents with digital cash transform finance?
A new Moody’s paper highlights opportunities and risks associated with AI agents and digital cash.
LSEG caps free prompts as it moves to increase AI revenues
New AI tools were the main focus of the exchange group’s mid-year progress update.
EDMA begins rollout of AI certification framework
The EDM Association is expanding its CDMC framework to include analytics and AI.
During the global financial crisis, knowing your data was the edge. With AI, it’s the whole business
SimCorp’s CEO says firms should understand their data and enterprise plumbing in the age of AI.
UK asset manager fixes data then brings in AI
Now that Omba Advisory & Investments has consolidated its data, it can leverage new AI tools.
Red alert: how Nasdaq’s Smarts became surveillance blind spot
Software that looks for shifty trades has been asleep on the job, affecting alerts for hundreds of products.
Are recordkeeping rules ripe for updates?
The Waters Wrap: SEC Rule 17a-4 appeared back on the SEC’s 2026 agenda two weeks ago. Some in the industry are hoping for relief, Reb writes.
BlackRock aims to transform data quality checks with AI
Engineers at the firm are experimenting with harnessing the power of AI to improve data quality, and early results are promising.
A third of banks do not maintain logs for GenAI models
Benchmarking study finds few banks review prompt logs systematically, with larger firms focusing on higher risk use-cases.
Agentic AI for XVAs still five years away, experts say
Risk Live: Questions about validation and accountability keep autonomous AI models out of XVAs for now.
MUFG builds internally compliant version of Claude Code
Japanese bank says Anthropic’s coding and productivity tool is effective at obtaining information but bucks compliance guardrails, prompting the creation of an in-house alternative.
Finance firms join Anthropic’s Project Glasswing as AI transforms cyber risk
Broadridge and Intercontinental Exchange are taking part in Anthropic’s cybersecurity initiative, built around its controversial Mythos model.