Broadridge Financial Solutions is launching what it is calling “a holistic natural language interface” that will reach across the post-trade lifecycle to help operations staff members, analysts, and management teams interrogate and revamp operations via the capabilities of artificial intelligence (A.I.). This new capability has been branded OpsGPT and is based on Generative A.I. (GenA.I.)… Read More >>
‘SIX Bot’ Could Ease Corporate Actions Ops Burdens
SIX has launched a software application, dubbed SIX Bot, that relays information on more than 70 corporate action event types to the popular Symphony instant messaging service with help from data sharing platform ipushpull, which facilitates chat and data integration, officials say. SIX Bot could ease corporate actions processing operations because it allows the front… Read More >>
Paper Security Certificates Must Go: DTCC
The Depository Trust and Clearing Corp. (DTCC), a major post-trade infrastructure, systems, and services provider, is on a mission to convince the U.S. securities industry to get rid of paper-based, physical securities and replace them with electronic records. The proper term for the effort is dematerialization, which the DTCC says is an essential transition that… Read More >>
Squawker’s Equity Finance Platform Tackles Manual Processes
London-based vendor Squawker’s Equity Finance platform has completed its launch phase and has been deployed at six of the top 10 global investment banks in large part because the platform provides an alternative for investment banks that usually book trades via manual processes and over-the-counter (OTC) against interdealer brokers, officials say. Three more major banks… Read More >>
