Skip to content
Search to learn about InterSystems products and solutions, career opportunities, and more.

TabbFORUM Report: The State of AI in the Capital Markets 2025

Market Note

Beyond the Hype, from ‘Cool to Core’

Artificial intelligence is reshaping capital markets, but unevenly. Firms have pushed past proofs of concept into live deployments across the front, middle, and back office. But data silos, governance hurdles, and hallucination risks remain persistent obstacles. This TabbFORUM report explores how AI is moving from cool novelty to core infrastructure, what’s working in production today, and where the next wave of adoption will determine lasting competitive advantage.

A year ago, the first edition of this report highlighted a capital markets industry on the brink of transformation. Artificial intelligence had begun to move beyond proofs of concept, edging into production workflows across the front, middle, and back office. But adoption was uneven, and practical challenges. Data fragmentation and hallucinations remained serious roadblocks.

Today, that transformation is no longer theoretical. Firms across the ecosystem are piloting AI tools and scaling them. In 2025, the conversation has shifted from “if” to “how fast.” Buy-side leaders are embedding AI across investment workflows, broker-dealers are accelerating surveillance automation, and infrastructure providers are redesigning architectures to support agentic orchestration and retrieval-augmented generation (RAG). Even the regulatory landscape is evolving to meet these capabilities head-on.

While hype persists, practitioners are increasingly skeptical of general-purpose platforms. They want traceability, explainability, and ROI. And they are rapidly developing internal governance models to match. What emerges from this report is a market no longer wondering whether AI can work. It already does. The question now is: Who will get it right, at scale, and with lasting strategic advantage?

This report explores how advancements in AI is revolutionizing every aspect of capital markets, from trading strategies to compliance and portfolio management including:

  • Buy-Side vs. Sell-Side Approaches to AI
  • AI Use Cases by Office Function
  • Human-in-the-Loop vs. Full Automation
  • Data Architecture & Infrastructure
  • AI Governance, Regulatory Trends & Risk
  • Agentic AI and Autonomous Systems
  • Market Impact and Alpha Opportunities

Other Resources You Might Like

Oct 09, 2025
Fact Sheet
InterSystems IRIS and IRIS for Health Managed Service assists customers that want to focus on their core business and innovate faster, and have InterSystems manage all of the provisioning, operation, and maintenance of our InterSystems IRIS software and the supporting cloud infrastructure.
Oct 09, 2025
Industry Insights
GenAI, Large Language Models, and Natural Language Processing are Fundamentally Transforming Healthcare
Oct 09, 2025
Fulfilment
InterSystems Supply Chain Orchestrator unifies data from thousands of disparate sources, giving you real-time visibility and prescriptive insights across your entire supply chain. With GenAI-powered decision intelligence, you can optimise replenishment, adapt to live conditions, and deliver near-perfect OTIF performance. For over 45 years, InterSystems has helped businesses unlock value from data—quickly, safely, and at scale.
Oct 08, 2025
HIROCO Interview with InterSystems
Interview with Clive Rumsey - UK Sales Director, InterSystems and Colm Flanagan - Founder & CEO , HIROCO
Oct 07, 2025
HIMSS Market Insights
HIMSS Market Insights conducted this research, sponsored by InterSystems, in April and May 2025 among leaders in MedTech organisations to understand their perspective on integration solutions and efforts. We looked at:
Oct 07, 2025
Inventory Optimisation
InterSystems Supply Chain Orchestrator unifies data from thousands of sources to help you anticipate disruptions, forecast smarter with AI, and make the right decisions in real time. With GenAI-enabled Copilot guidance, you’ll minimise overstocks and stockouts while keeping customers satisfied. For over 45 years, InterSystems has helped businesses unlock value from their data—quickly, safely, and at scale.
Oct 06, 2025
IDC MarketScape
InterSystems is positioned as a Leader in the IDC MarketScape for EMEA. Healthcare Data Platform for Providers 2025 Vendor Assessment
Sep 29, 2025
ISG Research
This Ventana Research Buyers Guide: Data Platforms is an assessment of how well software providers’ offerings address enterprises’ requirements for data platforms software, evaluating software in seven key categories that are weighted to reflect buyers’ needs based on expertise and research.
Sep 08, 2025
Supply Chain
Gain Intelligent Supply Chain Visibility
Aug 12, 2025
Fundamentals
Discover 11 types of databases in our comprehensive guide. Learn their functionalities and use cases, and see how InterSystems IRIS supports many of them for superior performance.

Take The Next Step

We’d love to talk. Fill in some details and we’ll be in touch.
*Required Fields
Highlighted fields are required
*Required Fields
Highlighted fields are required
** By selecting yes, you give consent to be contacted for news, updates and other marketing purposes related to existing and future InterSystems products and events. In addition, you consent to your business contact information being entered into our CRM solution that is hosted in the United States, but maintained consistent with applicable data protection laws.