
PiTech Solutions Podcast
Capital Markets: AI Governance, Surveillance and Tokenization | PiTech Solutions Podcast
Capital Markets: AI Governance, Surveillance and Tokenization This week Mike and Laura turn to capital markets, where artificial intelligence is reshaping regulation, trading surveillance, and market infrastructure all at once. From a new global supervisory framework to a live tokenization deal announced this week, the episode covers where oversight stands and where it is headed next. The hosts open with the International Organization of Securities Commissions, which published its Supervisory Toolkit for AI Use in Capital Markets in May 2026. Built around three layers of risk areas, oversight tools, and monitoring indicators, the toolkit gives securities regulators a working framework for governing traditional machine learning, generative AI, and emerging agentic systems. Next, Mike and Laura look at what AI surveillance looks like in practice, using Nasdaq's own results from an eight month pilot with Saudi Arabia's Capital Markets Authority, where AI powered anomaly detection sharply improved pump and dump scheme identification. That surveillance technology now reaches thousands of financial services clients and the large majority of the world's most systemically important banks. The conversation then turns to Nasdaq's newly announced investment in Payward, the parent company of Kraken, deepening a tokenized equities partnership with a planned launch date in 2027. The hosts discuss why exchange operators are increasingly pairing product innovation with surveillance infrastructure rather than treating them as separate tracks. The episode closes with FINRA's 2026 Annual Regulatory Oversight Report, which finds member firms adopting generative AI mainly for efficiency gains while flagging real risks around autonomous AI agents and the difficulty of auditing multi step decisions. To learn more about PiTech Solutions and how we help regulated industry leaders navigate technology change, visit us at pitechsol.com. #CapitalMarkets #ArtificialIntelligence #RegTech #FinancialServices #MarketSurveillance

