Nasdaq Study Shows Firms Turning to AI and Data Scientists to Enhance Regulatory Compliance [Yahoo! Finance]
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Source: Yahoo! Finance
As firms adapt to a changing environment, they are hiring more data scientists and related specialists NEW YORK and LONDON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today released the results of its ninth Annual Global Compliance Survey, revealing the latest trends and challenges in compliance and surveillance within the financial services industry. The global survey gathered insights from 94 compliance professionals across the sell-side, buy-side, and financial market infrastructure sectors. “The financial services industry is operating in an incredibly complex and dynamic environment, having to respond to ever more sophisticated regulatory requirements, financial crime, and operational challenges,” said Ed Probst, Senior Vice President, Regulatory Technology at Nasdaq. “Technologies like AI and cloud have the power to enhance strategic insights and dramatically improve efficiency but require a workforce able to understand, develop, and deploy the capability
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