Waters Wrap: ChatGPT, data officers, and reaching new frontiers

As banks clamp down on large language models like ChatGPT, Anthony says that CDOs can help firms experiment with these chatbots while developing the proper governance structures.

Credit: Kamisaka Sekka

For the layperson, tech evolution seemingly happens overnight, and this is especially true in the 21st century. Heading into 2007, Apple was basically a desktop/mainframe computer company; by 2010, it was the second largest mobile phone manufacturer; in three more years it would rise to No. 1. And that reign was short-lived thanks to Samsung. Now it is a dead heat. Your beloved flip-phone became a joke; and then it became cool again. The pace of change in the mobile phone market is dizzying.

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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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