Finextra: BofE plans cloud-based data platform and AI pilots
The Bank of England is building out a cloud-based data and analytics platform after an independent review found “nervousness” in adopting the technology.
ESG Today: Republican States Launch Lawsuit to Block New SEC Climate Disclosure Rules
This was to be expected!
Best Execution: T+1 could cost the industry $31 billion a year – with 31% of institutional trades set to fail
A lot of banks are just starting to realise the magnitude of this transition.
ESG Today: SEC Approves Scaled-Back Climate Disclosure Rules
The U.S. Securities and Exchange Commission (SEC) just announced the approval of its long-awaited climate-related disclosure rules for U.S. public companies.
Retail Insight Network: Retail banks lag behind on AI transformation
New research from Capgemini reveals 80% of retail bank executives believe that generative artificial intelligence (AI) represents a significant leap in advancing AI technology.
Computer Weekly: How Southeast Asia’s largest bank is riding the AI wave
DBS bank is one of the most innovative banks in Asia and continues to lead in AI.
IT Pro: Three open source large language models you can use today
What if you want to leverage the power of LLMs without the hefty licensing fees or the restrictions of using a closed model?
The Business Times: Bankers will see three-quarters of the workday transformed by AI: Accenture
Bankers will see three-quarters of the workday transformed by AI.
NewScientist: AIs get better at maths if you tell them to pretend to be in Star Trek
An interesting tip if you have a maths question!
New Atlas: Software tweak doubles computer processing speed, halves energy use
Speed enhancement is not only about hardware capabilities.