(Securities operations are undergoing profound transformations, and firms are being forced to rethink their priorities to survive, says Sarah Simmonds, senior partner, head of operations practice — North America, at Alpha Financial Markets Consulting (Alpha FMC). The consultancy serves the financial services industry, particularly firms working in asset and wealth management, alternative investments, and insurance…. Read More >>
IVP & Sigma to Offer Analytics for Alternative Asset Managers
A provider of software and technology solutions for alternative asset managers, Indus Valley Partners (IVP) is working with Sigma, a provider of A.I. applications and agentic analytics, to offer real-time analytics to alternative asset managers. For the analytics partnership, Sigma will provide a unified platform for dashboards, reports, embedded analytics, A.I.-based insights, and “the reporting… Read More >>
Can Your Bonus Help with Barbecue Season?
It feels as if this year has been moving at a faster pace than usual, as some sectors, such as Wall Street, are suddenly in the post-bonus season. While the traditional bonus-giving season has ended, an annual estimate from Thomas P. DiNapoli, comptroller for New York State, quantifies that for many on Wall Street, it… Read More >>
Has Risk Management Fallen Behind A.I.?
Securities operations teams are moving fast to keep up with the progress that systems and services are making because of the boost they are getting via artificial intelligence (A.I.)-based technologies. At the same time, those working in “governance, risk management, assurance and operational resilience practices” are falling behind “the scale, speed, and complexity of A.I…. Read More >>
SimCorp Adds A.I.-Based Stress-Testing to Axioma Risk
SimCorp, a financial technology solutions provider, is launching an artificial intelligence-based stress testing capability for its Axioma Risk offering that will enable portfolio and risk managers to use natural language in scenario analysis, officials say. The new capability is intended to allow investment managers to spend more time on insights and portfolio decision-making and less… 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 >>
FTF Awards Nominees Reflect Industry Dynamics
The nominations are out for the 2026 FTF News Technology Innovation Awards program — now in its 15th year — and the nominees represent industry surges toward cutting-edge instruments and technologies, such as digital assets and generative A.I. The nominations also reflect the dynamics of the securities industry, such as the major shift toward private… Read More >>
Obin A.I. Raises $7M for an Agentic Workforce
A new enterprise artificial intelligence A.I. company, Obin AI, is emerging from stealth mode to report that it has raised $7 million in seed funding with the mission of making A.I. results trustworthy for high-stakes, firmwide decisions at financial services firms. To achieve that goal, the company is “building an agentic workforce for financial institutions”… Read More >>
CFTC Task Force to Help IT Innovators
Michael S. Selig, chairman of the Commodity Futures Trading Commission (CFTC), says the regulator wants to help innovators serving the U.S. derivatives markets and has launched the Innovation Task Force, “dedicated to advancing clear rules of the road for American innovators building novel products and technologies,” officials say. In addition, Michael J. Passalacqua, senior advisor… Read More >>
A.I. Creates Opportunities & New Uncertainties for Ops
Technologies based on artificial intelligence (A.I.) are having a significant impact on the software, systems, IT infrastructures, and operations of securities firms. A.I. is also raising the stakes of uncertainty for those working in securities operations. I’m referring to the uncertainty that Bill Keenan mentioned in my Q&A with him, which ran on February 10…. Read More >>
