We've all heard of roboadvisors, but what about robocompliance?
| Ginni Rometty IBM Chief Executive Officer, Chairman and President | |
On September 29
IBM unveiled a deal to buy
Promontory Financial Group. Promontory specializes in helping financial institutions navigate regulatory complexity, and the
Economist sees IBM marrying Promontory's human expertise (Promontory big ex-regulators among its staff) "with
Watson, IBM's cognitive artificial-intelligence platform."
Watson already lends a hand looking for suspicious trading activity and categorizing rules and regulations. Perhaps next up Big Blue (i.e. IBM) will steer Promontory and Watson towards asset management: like BlackRock's Aladdin risk management platform, but for regulations? The SEC is
already using big data to keep watch ... 
Edited by:
Neil Anderson, Managing Editor
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