This article explores how the “slow down AI” narrative is weakening innovation by replacing risk management with risk avoidance. It shows how over-governance drives experimentation elsewhere and proposes a builder-first framework for responsible progress.
By Richard Bentley, Vice President, Capital Markets, Progress Software
There’s no doubt that today's high speed capital markets and cross product, cross market trade volumes mean regulation struggles to keep up with changes in the market. MiFID II is an example of a financial regulatory...
It is gratifying to see the serious attention that regulators, traders, brokers and the buyside are paying to market surveillance today. It was not always the case. The credit crisis began a domino-effect market crash that rang alarm bells and woke them up; then the flash crash jolted them like a cup...
Market surveillance needs permeate financial services firms from pre-trade to settlement, from trading via instant messenger services to exchanges and ECNs like never before in history. Every message, every trade, every conversation, every Tweet must be recorded, taped and downloaded into a database...