Scaling digital assets from experiments to mainstream adoption

This edition of our Shaping the Future series explores how we’re helping financial institutions navigate the fast-evolving digital-asset landscape and scale adoption across the wider ecosystem.

T+1 One year on... A new chapter begins

One year after the North American T+1 migration, this e-book distills what has changed, what we’re learning, and how T+1 is reshaping the post-trade landscape far beyond settlement timelines. It also explores the broader global implications of accelerated cycles, all grounded in insights drawn from Swift data.

What global trends are shaping compliance in 2026? Join our live webinar

Join CUBE for an exclusive webinar on 18 November, “From Alert to Action: The True Cost of Compliance”

Industry experts will unpack the results from CUBE's Cost of Compliance 2025 report and what this means for compliance teams over the next 12 months. 

Don't miss your chance to learn what’s driving compliance trends across the globe and what you should do to future-proof your compliance strategies.  

Drawing on insights from CUBE’s Cost of Compliance Report 2025, the webinar will explore how compliance is being shaped by new technology, which geopolitical issues are most impacting global firms, the greatest compliance challenges expected over the next year, and how financial organizations are preparing for what’s next.

GenAI and Regulatory Obligations: Is it a ‘Record’?

AI presents both opportunity and risk.

Why the FCA’s Non-Financial Misconduct Guidance Matters Beyond the UK

The UK’s Financial Conduct Authority (FCA) is reshaping how firms view culture and accountability through CP25/18, expanding non-financial misconduct rules under COCON beyond banks to more regulated firms. Behaviors like bullying, harassment, and discrimination will now carry the same weight as financial breaches. Though UK-led, this shift won’t stay contained. As with most regulations, it starts in one region and ripples across markets. For U.S. financial institutions, CP25/18 is an early signal: culture and conduct are fast becoming compliance priorities. Now is the time to embed behavioral monitoring, escalation, and documentation frameworks.

What Do Regulators Say about RightBRIDGE for Systemization?

Regulators expect firms to have a very succinct process and consistent systemization for financial professionals to consistently show their work on how their adhering to the firm's written supervisory procedures to recommend transactions that are in the client's Best Interest. Here from some of our customers on how RightBRIDGE helps them satisfy Regulator expectations.

Taking the Pain Out of PTE 2020-02 with RightBRIDGE

RightBRIDGE solutions help financial professionals adhere to PTE 2020-02 Impartial Conduct Standards, Disclosure requirements andRetrospective Compliance Review. Watch this video to see how RightBRIDGE takes the pain our of PTE 2020-02.

Financial Promotions under Scrutiny in a Global Market

Discover how Ruleguard helps firms navigate financial promotions regulation, from the UK Financial Promotions Gateway and oversight of Appointed Representatives to regional approaches. 

Join Ruleguard as we explore the following areas:

• UK Financial Promotions Gateway
• Principal firms’ responsibilities and oversight of Appointed Representatives
• Regional approaches to financial promotions regulation
• Common challenges facing firms

This event is designed for marketing teams, compliance practitioners and senior executives who wish to strengthen their financial promotions framework.  

RightBRIDGE Product Profiler Makes Documentation Easy

The RightBRIDGE Product Profiler walks financial professionals through their firm's policies and documents the entire process ensuring they capture the right information through a firm specific questionnaire, simplifying the process of finding retirement plan data, and documenting rationale for proposed recommendations and reasonably available alternatives for Reg BI. 

Why RightBRIDGE Customer Chose RightBRIDGE

Hear from Chief Compliance and Chief Supervision Officers at some of RightBRIDGE customers about why they chose RightBRIDGE.

Meet RightBRIDGE + Generative AI

CapitalROCK is introducing RightBRIDGE+ which includes additional functionality using large language models otherwise known as generative AI. RightBRIDGE+ uses generative AI to provide added functionality to supplement the battle tested rule-based system currently deployed in the RightBRIDGE solution.

Green Means Go - Building Trust with RightBRIDGE

In this case study, you'll learn how Principal Securities, Inc. enhanced operational efficiency and trust with their financial professionals in partnership with RightBRIDGE by configuring scoring, conducting a rigorous and ongoing governance process in or to provide instantaneous transaction Best Interest approvals if that transaction validates Green in RightBRIDGE.

RightBRIDGE+ How AI is changing the way compliance professionals work

At CapitalROCK, we’re excited to show you how RightBRIDGE+ makes it easier and more effective than ever. 

Introducing Symphony | Messaging, Voice, Cloud9, Directory & Analytics Software

Meet Symphony. Trusted connectivity for global finance. Serving over 1,000 financial institutions, take a quick tour of Symphony’s four interconnected platforms:

Messaging: Real-time collaboration for internal workplace chat, and external client engagement on their preferred apps; WhatsApp, SMS, WeChat, and LINE.

Voice: Anchored by Cloud9, our award-winning trader voice product offers flexible, cloud-native communication, replacing traditional turret phones.

Directory: Find the right contacts instantly and securely, with a company-verified network of global market participants.

Analytics: Gain precise markets and communication insights powered by proprietary AI, maintaining full data control.

Taming Shadow AI: What Legal Leaders Must Do Now

When employees use Shadow AI—that is, unauthorized, unvetted tools that the company is not overseeing or even aware of—it introduces risks, including around privacy and cybersecurity compliance. These risks rarely occur in isolation. Together, they often converge into a “trifecta” of threats that can undermine an organization’s regulatory compliance, weaken its security posture, and damage its reputation. 

Navigating the New Crypto Frontier: Risks, Safeguards, and Regulation in Transition

With cryptoassets gaining recognition as an investment vehicle, Japanese regulatory authorities are discussing reclassifying them as a subclass of financial products. Retail investors count on crypto exchanges to protect them against cryptoassets’ risks but it is advisable to devise risk mitigation measures in anticipation of growing use of noncustodial wallets.

The "third way" chosen by OpenAI

AI developers’ governance models’ societal impact has started to garner attention in the wake of generative AI’s rapidly growing influence. In particular, OpenAI’s conversion of its commercial subsidiary into a public benefit corporation (PBC) presents new institutional possibilities for pursuit of both profits and the public interest. Going forward, evaluation of AI developers’ governance models may become a key consideration in users’ AI selection decisions.

Bringing the best of Fidelity to wealth management firms

Learn how broker-dealers and affiliated corporate RIAs supporting various business models—including banks and insurance, independent, full service, and institutional firms—leverage Fidelity's platform to grow their businesses. 

From boom to bust: considerations for the securities lending industry

Disruption of incumbents has accelerated in recent decades as a secular trend across all sectors of the economy. This trend is evident in the average tenure of companies in the S&P 500 Index. The average lifespan of a US S&P 500 company used to be 67 years. Now it’s 15 and expected to shorten further.¹ Additionally, information technology companies in 1969 made up a small portion of the S&P 500, only 16 firms, but now tech firms dominate the sector. This shift portends even more disruption in the future as artificial intelligence (AI), blockchain and quantum computing have the potential to remake markets and reshape operating models. 

President Trump signs the nation’s first federal digital asset regulation into law

On July 18, 2025, President Trump signed into law the Guiding and Establishing National Innovation for U.S. Stablecoins Act, also known as the GENIUS Act. The GENIUS Act marks the first US federal law providing a broad legal framework for digital assets products, including oversight and requirements for payment stablecoins. In doing so, it aims to establish an environment that encourages responsible innovation and adoption by establishing prudential, risk management, and compliance requirements.

How can reimagining today's workforce help banks shape their future?

A high-performance bank needs a high-performing workforce, with dynamic talent, modern employee value propositions and advanced systems that engage and bring out the best in all workers.

In response to economic pressures and market uncertainty, many banks are focused on reducing their labor expenses. But cost-cutting isn’t the answer at a time when banks face critical talent shortages in key domains. Rather, banks can redirect talent investments to drive more value for the business and build a strategic and high-impact people function.

Stablecoins: adoption, optimism and regulatory clarity

The passage of the GENIUS Act marks a turning point in the evolution of digital payment infrastructure and transaction processing. By providing a framework for regulatory clarity, it unlocks new opportunities to reduce costs, accelerate transaction speed and improve liquidity across corporate, cross-border and consumer payments. Stablecoins — powered by blockchain and backed by real-world assets like cash and U.S. Treasuries — are emerging as a new tool for growth and innovation in global financial markets. 

While the U.S. Senate debated this landmark legislation, EY-Parthenon team surveyed 350 corporate and financial services executives to assess their plans, optimism and current usage of stablecoins. The results confirmed what many suspect

Addressing AI bias: a human-centric approach to fairness

Despite the amazing advancements in artificial intelligence (AI), and in particular, in large language models, AI still relies on humans for creation and regulation because people can recognize when AI doesn’t have the full picture — or worse, when it portrays a flawed or false picture. Bias can sneak into AI systems, potentially rendering the systems harmful to people and society.

Bias in AI systems refers to systematic and unfair discrimination that arises from the design, development and deployment of AI technologies. It can manifest in various forms, including algorithmic bias, data bias and human bias, leading to outcomes that disproportionately affect certain groups of people based on characteristics such as race, gender, age or socioe

Five ways banking CROs are increasing agility

Given the fluidity in risk priorities and the variety of stakeholders (including boards, business leaders and regulators) chief risk officers (CROs) must support and satisfy, agility has become more important to effective risk management today. The 2024 EY/Institute of International Finance (IIF) global bank risk management survey of CROs provides insights into how CROs are seeking to instill that agility in their operations. These efforts are multi-dimensional – involving enhanced policies, controls and frameworks, as well as new processes, technology and talent. These proactive actions will better prepare CROs and business leaders to respond more rapidly and purposefully to shifts in the risk landscape and other market developments. 

The Path Forward for Fair Credit Scoring Competition

With changes underway at Fannie Mae and Freddie Mac, what could competition between credit score models mean for mortgage bankers?

By Julie May

FICO® Score 10T Decisively Beats VantageScore 4.0 on Predictability

An analysis by FICO data scientists has found that FICO Score 10T significantly outperforms VantageScore 4.0 in mortgage origination predictive power. 

By Jim Wehmann

FICO® Score Credit Insights: Trends and intelligence for the credit economy

The FICO® Score Credit Insights report is a biannual publication designed to be the definitive source for credit score benchmarks and insights into the U.S. credit economy. Drawing from proprietary analytics of quarterly credit data and a FICO-sponsored consumer survey, this report delivers a comprehensive view of U.S. consumer credit health, awareness, and behaviors – both above and below the surface.

FICO® Score 10T Materially Outperforms VantageScore 4.0

New analysis proves FICO® Score 10T’s superior performance for homebuyers, mortgage lenders and investors. This white paper reveals how FICO® Score 10T – the company’s most predictive and inclusive credit scoring model to date – overwhelmingly outperforms VantageScore 4.0 in mortgage origination predictive power.

• FICO® Score 10T overwhelmingly beats VantageScore 4.0 on predictability
• Based on enhanced prediction, use of FICO® Score 10T rather than VantageScore 4.0 will drive significantly more loan approvals for prospective borrowers and lower costs for borrowers
• VantageScore's comparison analysis used Truncated Data, creating an illusion of significant lift versus FICO

Reimagining the future of banking with agentic AI

Agentic AI is coming of age. And with it comes new opportunities in the financial services sector. Banks are increasingly employing agentic AI to optimize processes, navigate complex systems, and sift through vast quantities of unstructured data to make decisions and take actions—with or without human involvement. “With the maturing of agentic AI, it is becoming a lot more technologically possible for large-scale process automation that was not possible with rules-based approaches like robotic process automation before,” says Sameer Gupta, Americas financial services AI leader at EY. “That moves the needle in terms of cost, efficiency, and customer experience impact.”

Four regulatory priorities to drive financial institutions' focus in 2025

The ground beneath the feet of banks and financial services firms is always shifting. However, the past year has seen a convergence of risk factors that together make the outlook for 2025 particularly uncertain.

Globally, elections – culminating in the US election on November 5 – have provided a key vector for change, pushing policy in new directions that directly impact the role of the finance industry. Increased trade and geostrategic friction between the US and China appear baked in for 2025, alongside much greater use of tariffs. Risks in the Middle East and Ukraine remain elevated, while continuing concerns in many economies over weak growth and lingering inflation are likely to see financial firms drawn deeper into governments’ growth

Unlocking AI insights: how AI is transforming financial services

Artificial intelligence (AI) is transforming the landscape for financial services leaders by delivering both cost savings and enhancing customer experience. Agentic AI, the next wave of innovation, promises business process orchestration and autonomous digital employees. While progress has been made, challenges remain on the road to fully realizing the potential of artificial intelligence (AI).

An EY team conducted a broad, cross-sector survey in the first half of 2025 that included leaders in wealth and asset management, retail and commercial banking, and insurance. The aim was to better understand how these firms are exploring and/or implementing GenAI applications. We’ve segmented the results by sector to illustrate the unique differences

How AI in banking can result in major transformative benefits

Generative AI (GenAI) continues to rapidly evolve, driving significant investment and optimism across banking institutions. The 2025 edition of the EY-Parthenon Generative AI in Banking survey reveals substantial progress since 2023, with 77% of banks having now actively launched or soft-launched GenAI applications vs. 61% in 2023. Concurrently, interest in agentic AI is gaining traction, attracting resources and attention. 

Digital audit | Insights, case studies & services | EY - US

The EY Digital Audit delivers more than market-leading technology — it’s the catalyst for new perspectives within the audit. Powered by our EY Helix analyzers and connected technology platform, our auditors are equipped to ask better questions, drive continuous improvement and execute high-quality audits. 

Industry is our edge. What will be left of financial services tomorrow?

A storm is brewing in global finance. As capital fractures from geopolitical tensions, technological advancements and demographic trends, the boundaries of global commerce are being redrawn and financial services business models have to adapt. Not only are there more variables in play than usual, but the sector’s pace of change (adaptation) is increasing to a speed never imagined. Executives are trying to manage through the complexities of a multi-shock world where the only thing firms can be certain of is uncertainty.

The Coexistence Imperative: Bridging Traditional Finance and Emerging Digital Asset Infrastructure

In this article, DTCC’s Nadine Chakar, Managing Director and Head of DTCC Digital Assets, explores the integration of tokenization within traditional financial systems to modernize markets enhancing efficiency, compliance and access, while maintaining vital legal and regulatory protections.

2025 J.S. Held Global Risk Report

The recommended focus for businesses in 2025 across the global landscape is adaptation, driven by political transitions, technological advancements, evolving operational risks, anticipated regulatory shifts, and changing economic conditions.

Through our work advising Fortune 100 companies, Global 200 law firms, top insurance companies, financial institutions, and government agencies – and understanding some of the most impactful topics on people’s minds, along with the external factors expected to influence organizations – we have curated insights to help clients navigate risks and capitalize on emerging opportunities this year.

Trading beyond the bell: Strategic and operational impacts of 24/5 trading

As global capital flows surge and investor demand for real-time access intensifies, the move toward 24/5 trading is reshaping the landscape for market participants, regulators, and technology providers alike. Deloitte’s latest article explores how extended trading hours could unlock new liquidity, reduce overnight risk, and drive global competitiveness—while also introducing fresh challenges in operations, compliance, and risk management. Discover how AI and automation are poised to play a pivotal role in navigating this transformation, and what strategies firms should consider to stay ahead in an always-on marketplace.

Making Sense of Corporate Shareholder Communications for Clients

Chris Nobles, in WealthManagement.com’s 2025 Midyear Outlook, highlights that modern technology streamlines shareholder communications, increasing investor confidence and reducing anxiety.

No matter what the rest of 2025 brings, advisors can give investors financial peace of mind with innovative technology.

Historically, our industry’s concept of investor communications has revolved around the broad idea of “shareholder engagement”—distributing proxy materials and encouraging investors to vote and participate in annual meetings. But investors often don’t understand the shareholder documents they receive, or how the corporate actions outlined in these documents affect their portfolios.

Implementing Best Practices in Third-Party Risk Management

This white paper delves into the intricacies of Third Party Risk Management (TPRM) and explores the evolving regulatory landscape surrounding it. As organisations continue to expand their reliance on external vendors & service providers, managing third party risk has become more complex, and more critical, than ever.

Our paper provides: 

• Key benefits of a well-structured third party risk framework
• Emerging challenges
• Why managing third party risk is strategically imperative. 

Whether you’re enhancing your existing programme or building one from the ground up, this paper offers practical guidance that you can apply immediately. 

Contact the author:  Priscilla Gaudoin

Rathbones Asset Management Success Story

Rathbones Asset Management (RAM) is an active management house, offering a range of investment solutions to meet clients’ capital growth and income requirements. The use of Ruleguard is primarily based on third-party oversight, as the firm outsources its Transfer Agency, Fund Accounting and Dealing.

Weaponizing eDiscovery

This Fortune 500 pharmaceutical company sought to refine its eDiscovery and early case assessment processes. The customer is often engaged in several lawsuits at a time and needed a way to quickly search through its billions of documents to find relevant data and custodians.

ZL Tech enables a proactive approach to eDiscovery, allowing the customer to redesign their early case strategy and empower their legal team to win or lose early. Now the customer can search across the enterprise and automatically preserve documents from a single platform with powerful analytics and review capabilities built-in. The customer’s in-house counsel has a robust, three-dimensional view of their findings for more informed legal decisions.

Leveraging Unstructured Data for AI

A large financial institution sought to leverage AI to analyze and review 
large volumes of unstructured data, such as emails and messages, for 
compliance violations and other business risk. However, they had 
limitations that prohibited them from implementing AI technology at the 
enterprise level. In this case, their AI application was limited to 
processing 20,000 messages per day. Additionally, certain types of 
information needed to be filtered from analysis. 

The financial institution approached ZL Tech for a solution to its big data 
problems, ultimately implementing the ZL platform to unify its data 
management and search capabilities across the enterprise.

Embedded Risks in Crypto-themed Exchange Traded Products

For this edition of CRB Monitor’s Chart of the Month we head back to the world of spot cryptocurrency exchange traded products (ETPs) to discuss some of the embedded risks that we have not covered in previous articles. These are related to, specifically, Staking, Airdrops, and Forking.

To those of us that were born during or around the leisure suit era, we believe that these terms might have something to do with camping, or perhaps dinner. But practitioners in the crypto space know these terms well and treat them as “sweeteners” for their crypto investments, as they exist to motivate investors that hold on to (or maybe add to) their crypto investments.

Meet the Intelligent Agent: The AI-Powered Future of Communications Compliance

Delivering higher efficiency and deeper risk insights through AI.⁠⁠⁠⁠⁠⁠⁠

⁠⁠⁠⁠⁠⁠⁠Most communications surveillance programs struggle to balance operational efficiency with detection accuracy. Up to 99% of communications reviewed contain no risk, and over 65% of risks go undetected, resulting in labor costs reaching up to $500 per monitored employee. This is not due to a lack of compliance vision or execution. The issue lies in inadequate technology. Lexicon based systems are simply not sufficient for modern businesses’ needs. Smarsh Intelligent Agent introduces breakthrough AI-powered compliance fully integrated into Smarsh Enterprise Conduct.

2025 Banking Survey: Technology

The 2025 Banking Survey shows banks balancing immediate priorities like security and customer experience with long-term tech modernization, including significant investments in digital channels and GenAI for fraud detection and cybersecurity. Despite challenges in data privacy and quality, banks are increasing their cybersecurity budgets and using ISO 20022 compliance to add value and differentiate their offerings.

2025 Banking Survey: Technology

Insights on technology, innovation, and security in the banking industry

The 2025 Banking Survey shows banks balancing immediate priorities like security and customer experience with long-term tech modernization, including significant investments in digital channels and GenAI for fraud detection and cybersecurity. Despite challenges in data privacy and quality, banks are increasing their cybersecurity budgets and using ISO 20022 compliance to add value and differentiate their offerings. 

Learn what Banks are thinking

Gain next-step knowledge from KPMG action plans by downloading the new 2025 Banking Technology Survey