The results of our recent survey on the transformative potential of transcription tech – which canvassed the views of nearly 100 financial markets professionals spanning trading, sales, compliance, risk management, operations and IT – are in. And they are conclusive: the industry remains uneasy over the level of accuracy transcription engines offer.‍

The financial sector is one of the most vast and complex industries in the world, and the utility and impact of advancing transcription services will vary greatly across its countless roles, departments and sectors. With this in mind, we want to canvass the opinions of our broad network to gauge where transcription could have the most – or the least – impact, as well as how it is perceived by those at the coalface of markets.

This week marked 15 years since Bernie Madoff – declared ‘the monster of Wall Street’ by a harrowing Netflix documentary on his demise – pled guilty to masterminding the largest known Ponzi scheme in history, worth an eye-watering $65bn. Formerly one of the most revered and respected figures on Wall Street, the one-time chairman of the Nasdaq stock exchange was sentenced to 150 years in federal prison, eventually dying three years to the day on April 14, next month.

Few instant messaging apps have made the headlines as often as Telegram Messenger over recent months. The latest is that a Spanish court has u-turned on its move to temporarily suspend Telegram nationwide, after media firms complained of intellectual property rights violations.