BNY standardizes internal controls around data, AI
The bank has rolled out an internal enterprise AI platform, invested in specialized infrastructure, and strengthened data quality over the last year.
In a rapidly evolving AI landscape, firms across capital markets are playing catch-up with their technology stacks. They have had to ensure that their data and underlying infrastructure, among other things, are organized, insightful, and scalable for the future.
For BNY, one of the oldest banks in the world, this is not the easiest task. But on data and AI, the firm has worked to make it true.
“We knew at the beginning that the biggest challenge we had was, what are the problems we’re trying to
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