7 papers
AI Governance for Institutional Readiness in Finance
Irene Aldridge, Steve Krawciw
Agentic AI is gaining acceptance in asset management, but governance has not kept pace: 88\% of surveyed finance professionals report no operational governance framework for agenti…
Where Does Ethereum Validators' Money Go? A Spectral Analysis
Irene Aldridge
Existing decentralization measures are almost entirely origination-side, quantifying concentration in who mines or validates blocks. We introduce a spectral methodology measuring c…
Liquidity Premium and Investment Horizons
Irene Aldridge
We estimate Kyle's (1985) price-impact coefficient directly from daily equity order flow and test its ability to forecast the cross-section of subsequent stock returns. Using…
Liquidity-Based Audit of Algorithmic Trading Strategies
Irene Aldridge
We show that net demand for liquidity by algo strategies is identifiable from its trade and price history alone, with no knowledge of its signal or optimization problem. An exact m…
Fast Monte-Carlo
Irene Aldridge
This paper proposes an eigenvalue-based small-sample approximation of the celebrated Markov Chain Monte Carlo that delivers an invariant steady-state distribution that is consisten…
Agentic Artificial Intelligence in Finance: A Comprehensive Survey
Irene Aldridge, Jolie An, Riley Burke +23
The emergence of agentic artificial intelligence (AI) represents a fundamental transformation in financial markets, characterized by autonomous systems capable of reasoning, planni…