Broadridge Patents AI System Behind BondGPT Trading Intelligence
Broadridge Financial Solutions Inc. has secured a U.S. patent for large language model (LLM) orchestration of machine learning agents. The patented technology underpins its generative AI tools, BondGPT and BondGPT+. They are used in fixed income trading.
Patent Overview
New U.S. Patent No. 11,765,405 protects Broadridge’s large language model usage method to produce machine learning agents. The system enables multiple agents to retrieve and process data from various datasets and analytical models in real time. It supports more accurate and efficient decision-making in financial trading environments.
Application in BondGPT and BondGPT+
Broadridge launched BondGPT in June 2023. BondGPT+ came later in October 2023 as the enterprise-grade version. These tools operate within the LTX e-trading platform (a Broadridge subsidiary). They respond to natural language queries from users. OpenAI’s GPT models power them. They leverage orchestrated AI agents to pull data instantly from multiple sources. It helps users access critical pre-trade information without switching tools or systems.
Features of the Patented Technology
The patented system includes a “Show your work” feature. It explains how each output is generated and improves transparency. A multi-agent adversarial setup improves response accuracy by validating results from different models. It also considers user roles and profiles to manage data access and security at an individual level.
Benefits for Users
These updates will offer these benefits:
Faster Access to Pre-Trade Data
Traders can get quick answers to natural language questions using BondGPT and BondGPT+. The AI system pulls data from multiple sources in real time. It helps users make faster decisions.
More Accurate Trading Insights
The multi-agent adversarial checks and validates responses using different AI agents. It improves the accuracy and reduces the risk of acting on incorrect data.
Personalized Tools for Different Roles
The system tailors results based on the user’s role. So, users see the most relevant data for their specific tasks.
Better Compliance Management
The built-in compliance verification checks responses against the custom rules of the firm. It helps avoid mistakes that could trigger compliance issues.
Time Savings in Trade Execution
The AI reduces manual work by automating data retrieval and analysis. It speeds up trade execution and helps users act on opportunities without delay.
Integrated Use of Internal and External Data
BondGPT+ allows firms to combine their internal models and proprietary data with external sources. Users can work from a complete data set within one platform.
Improved Workflow Efficiency
The orchestration of AI agents automates several steps in the trade decision process. It cuts down time spent on research and boosts overall workflow productivity.
About Broadridge
Broadridge Financial Solutions provides technology and communication solutions for the financial services industry. It contributes to investor communication, proxy voting, and post-trade processing. Also, the company supports banks, brokers, and asset managers with tools that power capital markets and wealth management processes. Broadridge recently enhanced its AI tool, OpsGPT, with AI-powered upgrades.
Summing Up
The patent validates the uniqueness and value of BondGPT. The company drives productivity and optimizes execution through advanced technology.
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