3 results for "machine identity"
ARXIV.ORG
An Explicit Solution to Black-Scholes Implied Volatility
This paper identifies what appears to be the first explicit formula for Black-Scholes implied volatility, resolving a 50-year-old problem in option pricing. The key observation is that the call price …
COINDESK
Microsoft says legacy banks are hitting a breaking point as AI takes over the heavy lifting
Microsoft and Chainalysis executives warned that as AI agents begin managing transactions at scale, the financial industry must overhaul its legacy infrastructure to prioritize machine identity and tr…
THE GUARDIAN
Welsh Labour faces ‘existential’ change as party braces for May election defeat
‘Critical debate’ about party’s identity and direction looms if it loses control of Senedd next month after 27 years in power Welsh Labour is the democratic world’s most successful election-winning ma…