Machine learning

The product is designed to give SOLVE's customers visibility into "next-trade" pricing data for more than 900,000 munis.

There were several ways Adaje could integrate ficc.ai's offerings into its system, the most impactful would be tender offering analyses, said Dan Silva, Adaje CEO.

Mayor Eric Adams says the city has a safe and effective way to use artificial intelligence throughout municipal government while protecting against the risks.

Buying technology can be a relatively safe bet, especially if it comes from an established brand, and it comes with support, maintenance and expertise from vendors. Internally building it allows for exclusivity and a potential competitive advantage.

Stephen Winterstein, founder of SP Winterstein and Associates, discusses how technology has changed and the improved product set and efficiencies in the muni market. Lynne Funk hosts. (25 minutes) 

AI will be part of a new tax-enforcement effort that will target high-income earners, partnerships, and large corporations.

Despite efforts to pinpoint the problems that stand in the way of data standardization, solving those issues is still a long way off, panelists at the Brookings Municipal Finance Conference said.

Some in the industry already use AI to help determine fair bid and offer prices and to summarize new-issue offering statements, but full integration into all aspects of the market is a ways away.

The AI program is used to fill in gaps on deal-specific yield curves that cannot be built by observable trades and transactions, the firm says.