Celent's Monica Summerville On AI Adoption in Capital Markets

Monica Summerville is a seasoned expert in capital markets technology, bridging the gap between Wall Street and Silicon Valley. With over two decades of experience, she has been at the forefront of financial technology evolution, having managed front-office trading systems and market data distribution for major banks.

Now heading Celent's Capital Markets practice in London, she helps financial institutions navigate emerging technologies, with expertise in AI, cloud computing, blockchain, and data-related technologies.

Monica's career spans roles at ABN Amro, Price Waterhouse, and TABB Group, among others. She has also worked as a U.S. retail broker, holding Series 7 & 63 registrations. Monica holds dual US/UK citizenship.

In this Five Minutes Q&A, Monica shares her candid thoughts on the state of AI in capital markets, its current capabilities, challenges, and future potential.

This interview has been edited for clarity and length.

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