Goldman Sachs Partners with Anthropic to Automate Banking Tasks Using AI, CNBC Reports

Goldman Sachs Partners with Anthropic to Automate Banking Tasks Using AI, CNBC Reports

Goldman Sachs is collaborating with Anthropic, a technology startup, to create AI-driven agents aimed at automating various internal functions. This partnership was confirmed by the bank’s chief information officer, Marco Argenti, in a recent report.

Collaboration Details

Goldman Sachs has been working closely with Anthropic for the past six months. Engineers from Anthropic are integrated into the bank’s teams, focusing on the development of autonomous agents. These agents will be utilized for tasks such as:

  • Trade and transaction accounting
  • Client due diligence
  • Onboarding processes

Benefits of AI Integration

The focus on AI integration aims to streamline operations significantly. Argenti mentioned that the technology, using Anthropic’s Claude model, is expected to greatly reduce the time needed for core processes. While Goldman Sachs is still in the early stages of this initiative, they plan to launch these AI agents soon.

Market Impact of Anthropic

Anthropic is actively seeking business deals and has introduced products like Claude Cowork. This tool is designed to perform various computer tasks, thereby supporting white-collar professionals in their daily operations.

Looking Ahead

Goldman Sachs’ partnership with Anthropic signifies a key movement towards automation in the banking sector. Details regarding the official launch date of the AI agents have not been disclosed, but expectations are high for their potential impact on efficiency.