Goldman Sachs is developing 'AI agents' using Anthropic’s AI model
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The news: Goldman Sachs is working with AI startup Anthropic to automate certain accounting and compliance roles across the bank’s back office.
The context: Goldman’s chief information officer Marco Argenti told CNBC that over the past six months, the bank has been working with embedded Anthropic engineers to co-develop autonomous agents in accounting for trades and transactions, and client vetting and onboarding.
Argenti said that the firm is in the early stages of building agents based on Anthropic’s Claude model to reduce the amount of time the functions take. He did not disclose when the agents are set to be launched.
“Think of it as a digital co-worker for many of the professions within the firm that are scaled, are complex and very process intensive,” Argenti said.
Argenti remarked that the firm was “surprised” at how capable Claude was at tasks besides coding, such as accounting and compliance areas that combine the need to parse large amounts of data and documents while applying rules and judgment.
The bank says that the use of agents will allow clients to be onboarded faster and to resolve trade reconciliation and other accounting issues more quickly.
The source: CNBC
