Officials at corporate bond e-trading venue, LTX, say they have added A-List firms Goldman Sachs, JPMorgan, TD Securities (through its subsidiary, TD Financial Products LLC), Morgan Stanley, and Bank of America as integrated liquidity providers. “These leading dealers will provide investment-grade and high yield bond liquidity on the platform, joining 40+ liquidity providers and 100+… Read More >>
M&A Dealmakers Embrace A.I. Despite Security Woes
A.I.-based technologies are definitely being used by mergers and acquisitions (M&A) dealmakers — in fact, “it is now embedded in the deal process,” according to a new report from SS&C Technologies and Reuters. But there is a lot of room for improvement as firms are experiencing security and accuracy lapses. “Eighty percent of dealmakers experienced… Read More >>
DTCC & FINOS Host an Open Source A.I. Hackathon
Officials at the Depository Trust & Clearing Corp. (DTCC) and the Fintech Open-Source Foundation (FINOS) recently announced that they are conducting the annual “Innovate.DTCC: Industry-Powered AI Hackathon,” from Feb. 23 to Feb 27, 2026. Participation in the hackathon is team-based only and individual entries are not allowed, officials note. “Teams may be of any size;… Read More >>
Rivvit’s ‘Virtual Analyst’ Lets Firms Talk to Data
Rivvit Inc., a data management and reporting solutions provider, now offers a virtual analyst that uses artificial intelligence (A.I.) technologies to help end-users at investment management firms use natural language conversations to interact with data and documents. Rivvit’s virtual assistant is intended to help front, middle, and back-office teams retrieve natural language answers about portfolio… Read More >>
Hedge Fund Uses Pricing Driven via Machine Learning
British hedge fund Marshall Wace is using a real-time pricing data service from Bloomberg that incorporates machine learning models to bolster its systematic credit strategy with new pricing data delivered every 15 seconds across the liquidity spectrum for USD, EUR and GBP credit markets, officials say. Known as a global liquid alternatives manager, Marshall Wace… Read More >>
iCapital Adds A.I. Features via AltExchange Acquisition
Fintech platform provider iCapital intends to enhance its artificial intelligence (A.I.) and machine learning (ML) capabilities with the acquisition of alternative investment data aggregator AltExchange, officials say. Officials at iCapital add that the acquisition will also help the company to streamline post-investment processes and improve decision-making for private market participants. Terms of the agreement were… Read More >>
LTX Uses GPT for List Trading Function
LTX, a corporate bond trading platform from Broadridge Financial Solutions, has a GenAI-based list trading function that will allow end-users to leverage Generative Pre-training Transformer (GPT) technology to “generate and execute multi-asset class, multi-directional trade lists” via RFQ+, officials say. “In response to clients’ positive engagement with our GenAI-powered app BondGPT and their request for… Read More >>
Chatbots Are On FINRA’s Compliance Radar
(Applications and systems that use artificial intelligence (A.I.) technologies such as chatbots are on the radar of the Financial Industry Regulatory Authority (FINRA), the self-regulatory organization for U.S. broker-dealers. The regulator has issued guidances, updates, and alerts about the subject noting the “benefits for investors include enhanced access to customized products and services, lower costs,… Read More >>
Fenergo Applies A.I. to Client Lifecycle Management
Fenergo, a know-your-customer (KYC) and client management provider, has launched client lifecycle management (CLM) capabilities that use artificial intelligence (A.I.) to improve operational efficiencies, onboarding, and end-user experiences while cutting the costs of KYC and anti-money laundering (AM) compliance, officials say. The introduction of A.I. to Fenergo’s CLM via Amazon Bedrock is intended to help… Read More >>
New OCC Group to Push FinTech Innovation
The Office of the Comptroller of the Currency (OCC) quietly let it be known that it is creating an office “dedicated to responsible innovation” that will build a formal framework to help the agency “identify, understand, and respond” to the growing number of FinTech changes impacting the federal banking system. Citing the exponential growth of… Read More >>
