Financial Personal
Nasdaq Integrates AI to Simplify and Accelerate Bank and Insurance Risk Calculations
Market volatility and regulatory requirements are driving increasingly complex and computationally intensive risk calculations XVA sensitivity analysis can require over 1 trillion calculations per day, requiring substantial physical infrastructure Na
NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced it has developed an innovative new methodology to conduct investment portfolio risk calculations and produce predictive analytics, based on advanced machine learning capability. The functionality will be integrated into Nasdaq’s Calypso platform, which is used by banks, insurers, and other financial institutions globally to access capital markets, process front-to-back office treasury workflows, manage risk, and meet regulatory reporting obligations. Read More
