FCA
Financial Conduct Authority hits Metro with a fine of almost £17 million in relation to the operation of its Automated Transaction Monitoring System.
Jessica Rusu promises "greater computing power, enriched datasets and increased AI testing capabilities" for the regulator's sandbox
Regulator alleges that leaders did not tell engineers about the "seriousness and potential consequences" of neglecting to implement a previous FCA agreement.
Current Digital Sanbox is prized for providing synthetic data for validation.
The FCA is spending £120m in three years to modernise its systems
Watchdog harvests 30m transaction reports, 200m order messages for 10,000+ products daily.