NEWS
NEWS
CFA Institute debuts Diversity , Equity and Inclusion Code for the investment profession in Asia Pacific with Australia launch
CFA Institute , the global association of investment professionals , and the CFA Society Australia , has launched the Australia edition of its voluntary Diversity , Equity and Inclusion Code for the investment profession ( DEI Code ).
The voluntary DEI Code is available to investment organisations in Australia of any size that seek to accelerate change by fostering a commitment to DEI .
The Australia DEI Code follows the successful introduction of a DEI Code in the United States and Canada in February 2022 , the UK edition in October 2023 , and the DEI Code Europe was launched in the Netherlands in June 2024 . Since the February 2022 launch , the DEI Code has been adopted by more than 200 investment organisations , representing nearly 30 % of global assets under management . CFA Institute worked with CFA Society Australia and a DEI Code ( Australia ) working group of local investment and DEI professionals from organisations including HESTA , VFMC , Future Fund , Future IM / Pact and The University of Sydney , to adapt the Code for DEI challenges and opportunities specific to Australia .
“ Qualitative and quantitative research has proven that diverse perspectives lead to better outcomes on behalf of investors and create better work environments for employees . To make concrete progress on DEI , organisations that seek to do so need to integrate principles of equity and inclusion throughout the business in terms of behaviours , policies and operations ,” said Margaret Franklin , CFA , President and CEO , CFA Institute .
Stripe deepens collaboration with NVIDIA to enhance Stripe ’ s AI-powered capabilities and expand global access to NVIDIA ’ s AI platform
Stripe , a financial infrastructure platform for businesses , has announced a new collaboration with NVIDIA that will advance AI for Stripe and improve fraud detection for its customers . With Stripe , NVIDIA will expand global access to NVIDIA GPUs and NVIDIA AI software , by enabling developers and enterprises to prepay for select NVIDIA cloud services .
“ NVIDIA is one of the companies we most admire : they set the standard for innovation , long-term time horizons and speed . We ’ re excited to deepen our long-standing partnership ,” said Patrick Collison , Stripe Co-founder and CEO . “ As the folks at NVIDIA know well , the current pace of change means there ’ s enormous untapped potential to improve global access to cutting-edge AI technology .”
“ AI is advancing at an incredible pace , with enterprises worldwide racing to incorporate its value into their everyday business operations ,” said Jensen Huang , Founder and CEO of NVIDIA . “ Stripe was an early pioneer of NVIDIA ’ s AI platform and now , is an industry leader enabling businesses worldwide to use AI to develop new engines for growth .”
For much of its history , Stripe has relied on NVIDIA ’ s accelerated computing platform to train its Machine Learning models . At its current scale , processing more than a trillion dollars a year , Stripe is well positioned to put AI – and in particular , NVIDIA ’ s AI platform – to work to help businesses drive growth . Stripe ’ s Optimised Checkout Suite enables businesses like OpenAI , Slack and River Island to build a high-performing checkout flow , using AI to determine which payment methods to show for any given customer . Stripe Radar , too , uses NVIDIA ’ s AI platform to help improve the speed and accuracy of fraud detection . Earlier this year , Stripe unveiled Radar Assistant , an AI-powered feature that allows businesses to use natural language prompts to describe new fraud rules they ’ d like to set . Stripe also makes it easy for any engineer to develop on NVIDIA Tensor Core GPUs and iterate on Stripe Railyard . www . intelligentfin . tech
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