Financial Services
"This process requires an ability to efficiently validate, understand, and store content of documents to correctly implement client instructions"
CEO Robin Vince earlier cautioned BNY had "operated in a way that was vertically integrated and became siloed..."
Thanks to Artificial Intelligence and $17 billion on technology spending annually, it will not be the same when he leaves.
Cloud-based ChatGPT 3.5 turbo as the underlying model, with NeuralSeek-powered RAG in support.
The challenger bank has made big investments in tech and is committed to building its own native systems to own every part of its stack
"CTA failed over to the secondary data center, which is operating on the previous version of the software."
90% of controls on one trading desk were manual and key processes including trade pricing were "conducted manually, predominantly, in Excel spreadsheets..."
"One of the things in particular I'm looking at right now is a large competitor of yours. It presents a little bit of a risk…"