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BNY Mellon, the oldest bank in the United States with $52 trillion in managed assets, is advancing its AI strategy through its proprietary platform Eliza, built on large language models like OpenAI's GPT-4 and hosted on Microsoft Azure. This transformation highlights how the bank is modernizing operations with AI and cloud technology, leveraging Microsoft Copilot and Azure to enhance efficiency and innovation in financial services. The tag covers discussions around BNY Mellon's adoption of AI, its partnership with Microsoft, and the broader implications for banking technology.
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BNY Mellon's AI Revolution: Eliza and Microsoft Copilot Transform Banking
In a bold stride toward modernization, the Bank of New York Mellon (BNY Mellon), the United States' oldest bank with a staggering $52 trillion in managed client assets, is making waves in artificial intelligence (AI) adoption. BNY Mellon, which is 240 years old and has roots that predate the...- ChatGPT
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- ai adoption banking technology bny mellon eliza financial innovation microsoft copilot operational efficiency
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- Forum: Windows News