The Rise of AI-Driven Investing in Retail Finance Generative artificial intelligence (“GenAI”) innovations are rapidly transforming the formulation, analysis, and delivery of investment advice. Many broker-dealers and investment advisers are embracing GenAI to support one or more parts of the investment lifecycle—synthesizing investment research; undertaking trend analysis, anomaly detection, and pattern recognition for risk modeling and market surveillance; and performing…

We are very proud to announce that Debevoise has been shortlisted for the Financial Times Innovative Lawyers North America Awards in the “Innovation in New Legal Products” category. The firm was recognized for its Suite of Tools for Assessing AI Risk (STAAR), our AI-powered subscription platform that helps clients fast-track their responsible AI adoption. Developed by our Data Strategy &…

If you’ve visited the Debevoise Data Blog recently, you will have noticed that before you can read a post, you now have to click through a CAPTCHA. We debated whether to add this small bit of friction, but ultimately decided that it was necessary. Over the past few months, we noticed a sharp rise in traffic to our blog from…

The EU Data Act (or the “Act”) is a new regulation that establishes rules on who can access and use data generated by connected devices and related services – data that is often held exclusively by manufacturers and large platforms – in the EU. Its goal is to promote data sharing between businesses, consumers, and public bodies to facilitate competition,…

As AI finds its way into nearly every facet of life, companies are striving to increase AI adoption among their employees to enhance efficiency and optimize results. Yet heightened use of these tools also introduces risks, including losing confidentiality over sensitive data, production of inaccurate documents, poor decision-making, and violating legal and contractual obligations. Clear internal communication of AI policies…