Generative AI Right Database (GARD)
Market data is essential and serves as a competitive advantage for financial firms. However, its utilization often comes with challenges, primarily due to the complexity of contracts between exchanges, vendors, and clients. These detailed agreements can be difficult to fully understand and adhere to, resulting in significant compliance risks and internal inefficiencies. Jordan & Jordan’s GARD leverages AI to help firms interpret contract terms, uncover innovative ways to maximize data utilization, and drive business growth, cost savings, and strategic decision-making. Market data professionals need clear access to the details within their vendor and exchange contracts to fully grasp their data usage rights and limitations and GARD provides that access.
Features
- AI Enabled
- GARD utilizes generative AI to extract provisions from publicly available exchange agreements and internal signed vendor agreements, converts that information into machine readable format to identify key contract details and pertinent information.
- LLM optimized for market data using a Retrieval-Augmented Generation (RAG) method.
- In the exchange use case, the Exchange Crawler is continuously verifying exchange public documents to ensure GARD provides firms access and insight to current policies.
- AI Insights
- End-users can leverage AI Insights to inquire about specific exchange information, such as whether BME has a derived data policy or to view all derived data licenses.
- Review
- Quality control is ensured through a robust oversight process, enabling analysts to update, edit, and validate provisions, policies, and rules extracted from underlying documents.
- Customization
- Data fields can be tailored to retrieve the information most critical to your organization.
- Security Protocols
- Data security via a Shared Responsibility Model (SRM) in-place with the cloud provider.
Benefits
- Quickly and easily access contract and exchange policy information, covering over seventy-five global exchanges.
- Strengthen compliance with vendor and exchange agreements using insights verified through the
combination of AI and subject matter expertise. - Gain a clear and concise understanding of how data can be utilized within your organization.
Discover how GARD can transform the way you manage and understand the data your organization consumes. We would love the opportunity to show you its capabilities in action.