- Broadridge Financial Solutions secures a new U.S. patent for its AI orchestration technology.
- The patented technology powers BondGPT and BondGPT+, enhancing trading capabilities with AI integration.
- Advanced features include explainability, compliance verification, and security measures tailored for corporate bond traders.
Broadridge Financial Solutions (BR, Financial) has announced the acquisition of U.S. Patent No. 11,765,405, which protects its innovative technology in orchestrating large language models (LLM) for machine learning agents. This technological advancement underpins BondGPT and BondGPT+, applications designed to revolutionize pre-trade workflows in the corporate bond trading sector.
Launched in June and October 2023, BondGPT and BondGPT+ leverage OpenAI GPT models to process information from multiple datasets and analytical models simultaneously. The applications have been integrated into Broadridge's LTX e-trading platform, offering enhanced access to crucial pre-trade data for corporate bond traders, portfolio managers, and analysts.
The patent highlights several key features such as the "Show your work" feature for data transparency, multi-agent adversarial capabilities to boost accuracy, AI-driven compliance verification, and user profile-based security. These innovations are pivotal in improving the efficiency of trading processes by enabling natural language queries across complex data, thereby reducing decision-making time.
Jim Kwiatkowski, CEO of LTX, emphasized the significance of this patent, stating, "We are continually innovating to enhance our clients' pre-trade and trade execution workflows. The positive feedback from the market regarding BondGPT validates our efforts, and this patent reinforces our commitment to integrating AI into financial trading to increase productivity."
