Waypoint Uses AI and Human Review to Turn Exchange Notices…
By Rick Steves
AI summary of the source article
Waypoint Trading Solutions has launched Wayfinder, an operational workflow platform designed to convert unstructured exchange and market-data vendor notices into standardized tasks. Operating alongside Waypoint's Data Notification Manager, Wayfinder employs SEAD Software's Co-Wright technology to ingest notices from emails, web pages, and newsletters. Waypoint staff validate the extracted summaries before they reach clients, allowing institutions to assign, track, and audit changes across protocols, products, and licensing fees. Waypoint connects to over 800 venues across more than 70 countries and serves over 1,000 institutions, aiming to reduce risks tied to missed exchange deadlines, licensing disputes, and unplanned production downtime.
Why it matters
Missed exchange notices can cause market-data outages, unexpected licensing fees, or unplanned production changes for trading firms. Wayfinder provides an automated, auditable tracking system to help firms manage external technical dependencies and comply with operational resilience expectations.
Key facts
- Wayfinder uses SEAD Software's Co-Wright platform for automated extraction, paired with human review by Waypoint staff before delivery to clients.
- The platform does not automate production changes, focusing instead on identifying, routing, and creating an audit trail for operational tasks.
- Waypoint connects to more than 800 exchanges, venues, and service providers across over 70 countries, supporting more than 1,000 financial institutions.