Microsoft exec outlines ambitious capital markets strategy

As banks take a cautious approach to generative AI, Bill Borden believes Microsoft’s “copilots” will prove transformative in the capital markets.

The term “smartphone” often conjures the image of an Apple iPhone, even though it’s but one of many options on the market. The same can be said for Microsoft’s place in the corporate world, as the word “inbox” equates to Outlook, “spreadsheets” means Excel, and “networking” evokes LinkedIn, which was acquired by Microsoft in 2016 for more than $26 billion. That’s ubiquity.

But as Big Tech companies make further inroads into the capital markets—primarily through their cloud services: Amazon Web

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The AI boom proves a boon for chief data officers

Voice of the CDO: As trading firms incorporate AI and large language models into their investment workflows, there’s a growing realization among firms that their data governance structures are riddled with holes. Enter the chief data officer.

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