Category: Financial Services

The rapid advancements in artificial intelligence and machine learning (AI/ML) have made these technologies a transformative force across industries. According to a McKinsey study, across the financial services industry (FSI), generative AI is projected to deliver over $400 billion (5%) of industry revenue in productivity benefits. As maintained by Gartner, more than 80% of enterprises […]

In asset management, portfolio managers need to closely monitor companies in their investment universe to identify risks and opportunities, and guide investment decisions. Tracking direct events like earnings reports or credit downgrades is straightforward—you can set up alerts to notify managers of news containing company names. However, detecting second and third-order impacts arising from events […]

Large language models (LLMs) are generally trained on large publicly available datasets that are domain agnostic. For example, Meta’s Llama models are trained on datasets such as CommonCrawl, C4, Wikipedia, and ArXiv. These datasets encompass a broad range of topics and domains. Although the resulting models yield amazingly good results for general tasks, such as […]

Multi-modal data is a valuable component of the financial industry, encompassing market, economic, customer, news and social media, and risk data. Financial organizations generate, collect, and use this data to gain insights into financial operations, make better decisions, and improve performance. However, there are challenges associated with multi-modal data due to the complexity and lack […]

This post is co-authored by Marios Skevofylakas, Jason Ramchandani and Haykaz Aramyan from Refinitiv, An LSEG Business. Financial service providers often need to identify relevant news, analyze it, extract insights, and take actions in real time, like trading specific instruments (such as commodities, shares, funds) based on additional information or context of the news item. […]

The last few years have seen a tremendous paradigm shift in how institutional asset managers source and integrate multiple data sources into their investment process. With frequent shifts in risk correlations, unexpected sources of volatility, and increasing competition from passive strategies, asset managers are employing a broader set of third-party data sources to gain a […]

This is a guest post co-written with Mutisya Ndunda from Trumid. Like many industries, the corporate bond market doesn’t lend itself to a one-size-fits-all approach. It’s vast, liquidity is fragmented, and institutional clients demand solutions tailored to their specific needs. Advances in AI and machine learning (ML) can be employed to improve the customer experience, […]

There is nothing more exhilarating than getting the keys to your first car or driving off the lot with the car of your dreams. Sadly, that exhilaration can quickly fade to frustration when your car is damaged. Working through the phone calls, emails, and damage reports with your insurance provider can be a painstaking process. […]