Citi close to launching GenAI investment tools

The new tech will be used to improve investment recommendations and increase cross-selling opportunities.

Citi-GettyImages

Citi expects to roll out investment advisory tools powered by generative artificial intelligence (GenAI) within 12 months.

“Without going into too much detail—soon, like this fiscal year,” Victor Tewari, a senior vice president in the chief data office in Citi’s wealth management and private banking group, said of the timing of the initial launch. “Then, next fiscal year, widespread [rollout].”  

Tewari was speaking on a panel at WatersTechnology’s Tech and Data in Financial Markets (TDFM)

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