Transactions: AWS to build AI-driven solutions for TP ICAP

London-based brokerage service provider TP ICAP is joining forces with Amazon Web Services to build AI-driven solutions as well as data and analytics services, according to a Dec. 3 release from AWS. AWS will develop an AI and innovation lab for TP ICAP and the companies will work together on tools specifically designed for TP ICAP’s operations, a spokesperson for the provider told Bank Automation News . [caption id="attachment_220697" align="alignright" width="300"] (Courtesy/Bloomberg)[/caption] “We have developed automated regulatory governance reviews with Amazon Bedrock,” the TP ICAP spokesperson said. “This has seen us reduce [regulatory] review times from months to minutes.” Bedrock is AWS’ generative AI foundation model. AWS engineers will work with TP ICAP tech teams to develop solutions, including TP ICAP’s digital trading platform Fusion, the spokesperson said. Demand is high for AWS’ cloud and gen AI services among investment and trading service providers, an AWS spokesperson told BAN . Nasdaq , Bridgewater Associates and HSBC are all using AWS’ services to optimize operations, the spokesperson said. MeridianLink enlists Shastic for workflow automation Costa Mesa, Calif.-based banking software company MeridianLink is teaming up with San Francisco-based AI firm Shastic to integrate Shastic’s workflow automation platform into MerdianLink’s marketplace to streamline operations for banks and credit unions. The integration was completed before Shastic’s Dec. 2 announcement, a Shastic spokesperson told BAN . The collaboration will simplify banks’ use of AI agents for consumer-focused processes, the spokesperson said, including: Account opening; Collections; and Lending. “This partnership lists Shastic within MeridianLink’s partner marketplace, removes friction from the customer experience and empowers MeridianLink to utilize Shastic’s platform to connect fintechs,” the spokesperson said. The specific banks benefiting from the platform were not disclosed. However, Shastic in the Dec. 2 release claims more than 50 clients in the financial services sector employ it. Some of MeridianLink’s financial partners include: Credit Plus ; Experian ; and Finastra. Envision Credit Union taps NCR Atleos for self-service solutions Tallahassee, Fla.-based Envision Credit Union is looking to NCR Atleos for ATM-as-a-Service and Interactive Teller Machine-as-a-Service capabilities, according to a Dec. 2 release from NCR Atleos. “A critical component of this is offering self-service banking options that are reliable, secure and robust,” Kendall King , deposit services manager at the credit union, said in the release. Envision Credit Union joins the following FIs using NCR Atleos for self-service solutions: Tompkins Community Bank ; Bank of Hawaii ; and NuMark Credit Union . Visit Bank Automation News’ Transactions Dashboard, which lists the technology selected or acquired by companies in the financial services industry, with a focus on technology that enhances automation. Register here for early-bird pricing for Bank Automation Summit 2025, taking place March 3-4 in Nashville, Tenn. View the full event agenda here .

Transactions: AWS to build AI-driven solutions for TP ICAP

MeridianLink, Envision Credit Union among dealmakers

Scotiabank boosts tech spend 10% to $2.3B

RBC invests in AI for productivity, analytics

Related Posts

AI writes 60% of code at BNY, up 20 percentage points QoQ

Palisades Credit Union deploys Narmi’s AI DecisionAssist

Valley acquisition of Bluevine boosts bank’s AI strategy, CEO says

RBC invests in AI for productivity, analytics

EMERGING FINTECH DIRECTORY

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

Is Your Technology Supplier There for You?

Connect

Welcome Back!

Retrieve your password

Continue Reading with FinAi News Premium - Less than $2/Day

Transactions: AWS to build AI-driven solutions for TP ICAP

MeridianLink, Envision Credit Union among dealmakers

Scotiabank boosts tech spend 10% to $2.3B

RBC invests in AI for productivity, analytics

Related Posts

FinAi Podcast

Connect

Welcome Back!

Retrieve your password

Unlock This Article

Continue Reading with FinAi News Premium - Less than $2/Day