Come August, the EU’s AI Act will start to sink its teeth into Europe. Despite the short window, financial firms are still wondering how best to comply.
The Waters Cooler: Deutsche Börse acquires remaining stake in ISS Stoxx, Etrading bids for EU derivatives tape, Lofthouse is out at ASX, and more in this week’s news roundup.
As private markets continue to grow, fund managers are increasingly turning to AI to improve efficiency and free up time for higher-value work. Yet fragmented data remains a major obstacle.