Devil’s Bargain: Closed architecture systems will derail AI ambitions

Rob Flatley explains why closed-off systems will fall flat when it comes to AI adoption.

With billions pouring into artificial intelligence, it is only a matter of time before there will be two classes of workers: those who enhance their skills and impact with AI, and those who are left behind.

Within the financial industry, there lies an undercurrent of increasing anxiety about whether heavily regulated financial institutions will be able to move fast enough to capitalize on AI breakthroughs and compete with more nimble players such as systematic hedge funds. Instead, they are

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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