The new agents are designed to automate the “most time-consuming” tasks in the financial services space, including creating pitchbooks and conducting know your customer (KYC) checks, the announcement said.
Additionally, Anthropic’s flagship AI model, Claude, now works with Microsoft business products, such as Excel and PowerPoint, per the announcement. The company also expanded its partnerships with various financial and data platforms, including Dun & Bradstreet, Verisk and Moody’s.
“Many leading banks, asset managers and insurers choose Claude,” the announcement said. “It supports the full range of these organizations’ work: front-office tasks like research and client experience; middle-office work in underwriting, risk and compliance; and back-office work like code modernization and operations.”
Anthropic’s latest offerings are meant to “bridge the gap” between how quickly AI is advancing and financial firms’ ability to use the technology, said Jonathan Pelosi, head of financial services at Anthropic, per a Tuesday report from The Wall Street Journal.
“This is the difference between, ‘We’re using AI to help write better emails or do some basic research,’ to an investment bank pitch-building,” he said, according to the report.
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Anthropic and rival OpenAI have been focusing more on attracting enterprise clients, an area in which Anthropic has taken the lead. OpenAI announced its own financial services-centric effort Tuesday as it launched a partnership with professional services network PwC. The collaboration will involve OpenAI building AI agents focused on the “core operating rhythms of finance,” such as forecasting, planning, reporting, procurement, payments and treasury.
This marks the second day in a row that both companies’ enterprise AI efforts made headlines. On Monday (May 4), OpenAI raised $4 billion to get businesses to adopt its AI tools, and Anthropic announced it was teaming with Wall Street firms, including Goldman Sachs and Blackstone, to help companies integrate Claude.
“Enterprise demand for Claude is significantly outpacing any single delivery model,” Anthropic Chief Financial Officer Krishna Rao said in a Monday news release. “Our partnerships with the world’s leading systems integrators are central to how Claude reaches large enterprises. This new firm brings additional operating capability to the ecosystem and capital from leading alternative asset managers.”
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