BNY Mellon Harnesses Google Cloud To Build Predictive Models

The Bank of New York Mellon Company (BNY Mellon) recently announced that it would be pairing up with Google Cloud to develop an innovative solution that will enable the bank’s clients to forecast 40% of daily settlement failures. Harnessing the capability of Google Cloud technologies, the AI-powered solutions aimed at settlement failures will improve overall market liquidity while underscoring BNY Mellon’s ongoing dedication to facilitating an open-architecture approach...