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Why the AI boom is about to change institutional investing forever fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Symphony, a leading market infrastructure and technology company, is partnering with Google to improve bank and investment firm voice analytics with the use of AI. ....
Symphony, the markets infrastructure and tech firm, is teaming up with Google to ramp up its voice analytics offering to banks and investment firms, executives told Reuters, as regulators get tough on communications compliance. The U.S. Securities and Exchange Commission has imposed more than $2 billion in fines for missteps in this space, largely linked to the failure to track or record business-related text messages sent over unauthorised platforms during COVID-19 lockdowns. As the sector-wide crackdown on messages and emails reaches a climax, financial firms are now bracing for possible probes into their usage of voice and video calls, of which only a fraction of communications are routinely recorded and retained, sources told Reuters last month. ....