Aigerim Kuanysh, Chief Associate of the International Cooperation and Sustainability Department at Kazakhstan Stock Exchange (KASE), explores how developing Kazakhstan's first Bond Market Guide under the Asian Development Bank's ABMF framework revealed valuable lessons about investor access, market transparency, and building a more globally accessible capital market.

Adrián Febrián, AI Model Validation & Emerging Tech, and Rahelah Syed, North American Markets & Transformation Risk, Nasdaq, introduce the exchange's white paper on quantum computing.

Alyona Bulda, SVP, Emerging Technologies, and Daria Degtiarenko, Senior Marketing Communications Manager, at Exactpro, look at how AI-assisted coding is reshaping software development in financial services, and why robust governance, testing and operational resilience are essential to ensuring AI-generated code is fit for production.

Dr Maryam Alhalboni, School for Business and Society, University of York, explores how procedural policy clarity enables markets to act on climate-related information, showing why disclosure alone is not enough to support effective capital allocation.

Rama Kumanduri, Managing Director, and Shahrzad Karimi, Director, at The OCC explain how a new factor-based, forward-looking approach to CCP backtesting helps identify the true drivers of margin model failures.

Tomaž Fleischman, Principal Scientist & Co-Founder, and Ethan Buchman, CEO and Co-Founder, of Cycles Protocol SA, outline a new way to free up trapped liquidity by safely netting obligations across different clearing systems.

Fernando Cerezetti, Chief Risk Officer, ClearToken CCP Limited, looks at why traditional VaR may be missing risks in today’s more complex CCP portfolios and how a different approach could help spot them sooner.

Rohit Barve, Deputy Manager, Dr. Aniket Bhanu, Vice President, and Rejaul Barbhuyan, Chief Manager, Risk and Data, NSE Clearing Ltd., outline the findings of their WFEClear research paper on option price scenario generation using risk neutral distributions and generative modelling.

Salil Gadgil, Researcher, Office of Financial Research, examines how client clearing has reshaped CDS markets and why the features that improve efficiency can create new vulnerabilities during periods of stress.