Understanding the functional roles of financial institutions within interconnected markets is critical for effective supervision, systemic risk assessment, and resolution planning. We propose an interpretable role-based clustering approach for multi-layer financial networks, designed to identify the functional positions of institutions across different market segments. Our method follows a general clustering framework defined by proximity measures, cluster evaluation criteria, and algorithm selection. We construct explainable node embeddings based on egonet features that capture both direct and indirect trading relationships within and across market layers. Using transaction-level data from the ECB's Money Market Statistical Reporting (MMSR), we demonstrate how the approach uncovers heterogeneous institutional roles such as market intermediaries, cross-segment connectors, and peripheral lenders or borrowers. The results highlight the flexibility and practical value of role-based clustering in analyzing financial networks and understanding institutional behavior in complex market structures.

The application of vision-language models (VLMs) has achieved impressive success in various robotics tasks. However, there are few explorations for these foundation models used in quadruped robot navigation through terrains in 3D environments. In this work, we introduce SARO (Space Aware Robot System for Terrain Crossing), an innovative system composed of a high-level reasoning module, a closed-loop sub-task execution module, and a low-level control policy. It enables the robot to navigate across 3D terrains and reach the goal position. For high-level reasoning and execution, we propose a novel algorithmic system taking advantage of a VLM, with a design of task decomposition and a closed-loop sub-task execution mechanism. For low-level locomotion control, we utilize the Probability Annealing Selection (PAS) method to effectively train a control policy by reinforcement learning. Numerous experiments show that our whole system can accurately and robustly navigate across several 3D terrains, and its generalization ability ensures the applications in diverse indoor and outdoor scenarios and terrains. Project page: https://saro-vlm.github.io/

Legacy IIoT devices can be modernized utilizing edge of network devices to send data to the Azure IoT hub and Machine Learning. This can create cost and efficiency improvements and reduced downtime. I will try to quickly explain the issue of liquid loading and slow legacy communications. Keep in mind there are many other issues that can be alleviated with this solution and there is no way I could mention them all. Oil & Gas Wells can "Load Up" with liquid reducing production and possibly incurring costly intermediation to relieve the issue.