Bloomberg has announced the launch of AI Portfolio Commentary, an AI-powered feature within PORT Enterprise, Bloomberg’s portfolio and risk analytics offering.
Some 84 per cent of European financial firms say failure to adopt AI and digital tools will negatively impact their business within five years, but only few are ready with the core processes and data management requirements prescribed by the Digital Operational Resilience Act (DORA), according to PwC Luxembourg’s latest report, DORA: Laying the Groundwork for Digital Resilience and Transformation.
I chaired three panels of speakers celebrating the wave of innovation in ETFs and in ETF distribution on the first main day of the much-loved Fund Forum event.
Gurvir S. Grewal, Global Research Analyst, William Blair Investment Management, writes that investing has long balanced art and science, blending ambition with caution.
Sustainable investments are on the rise whether the industry is ready or not, writes Lorenzo Saa, Chief Sustainability Officer at Clarity AI.
Linedata has announced the acquisition of NROAD, a specialist in AI-enabled automated unstructured financial data processing based in Boston and Pune, India.
Axyon AI has secured a further EUR4.3 million funding round led by CDP Venture Capital. US-based venture capital firms Green Sands Equity and Montage Ventures, the Italian holding firm Investment Opportunity 1 and SIMEST on behalf of the Fund F.394 managed in agreement with the Italian Ministry of Foreign Affairs and International Cooperation (MAECI), are co-investors.
Rahul Bhushan, Global Head of Index, ARK Investment Management writes that automation has historically transformed industries by drastically increasing productivity and reducing costs. Yet, as revolutionary as automation has been, it’s mostly been limited to repetitive, specialised tasks.
The change in US government commitment to mitigating climate change is slowing impact investors’ interest in energy transition infrastructure in favour of artificial intelligence (AI) projects.
A report from Bain and Company has revealed that 21 per cent of M&A practitioners currently use GenAI in M&A processes – up from 16 per cent in 2023 – and more than half expect to integrate this technology into their dealmaking by 2027. There are a wide range of activities where AI solutions can be applied in M&A, including sourcing, screening, and diligence.
