RE: TCAP and AI19 Feb 2026 07:44
That’s a good point to highlight BagIT
The strategic report from a year ago highlighted this.
Things must have developed a lot since that time, they will likely be some updates regarding this in the next update
From a year old strategic report:
“AI-based applications can greatly improve organisational
functions. Additionally, AI will have a substantial impact on
administrative functions by automating high-volume, less
complex manual tasks. Generative AI tools can analyse and
synthesise vast sets of financial and market data9
.
It is crucial to ensure that all regulatory obligations and
controls are maintained while mitigating the risks associated
with AI usage. In June 2024, FINRA published a regulatory
notice emphasising that FINRA rules and securities laws
continue to apply when AI is used in business operations10
.
This presents challenges for all regulated companies as they
allocate significant resources to the development and use of AI.
Firms must consider regulatory guidance on areas such as data
governance, customer privacy, and supervisory control systems
when planning and testing AI applications.
What does it mean for TP ICAP?
We recognise the potential value and importance of AI. In
2024, TP ICAP appointed a dedicated Head to lead the
implementation of AI across the business. In December 2024,
we also announced a major collaboration with AWS, which
includes establishing an AI and Innovation Lab to enable us to
accelerate and scale AI-driven solutions. This builds on
TP ICAP’s successful AI projects to date, which include
Parameta Solutions using the Amazon Bedrock Gen AI tool to
automate compliance checks, and our Procurement team using
AI to extract and submit metadata from PDFs, eliminating the need for manual data entry”