The AI Agent & Copilot Podcast explores the latest advancements in AI copilots and agents, featuring insights from industry leaders. In the recent episode, host Tom Smith reviews key takeaways from Microsoft’s AI Tour in New York, highlighting how major financial institutions are rapidly adopting AI technologies. Notably, BNY has over 50,000 employees accessing AI assistants, with thousands actively creating their own agents. Angie Ruan, CTO at Nasdaq, shares her company’s five pillars for successful AI initiatives, emphasizing the importance of data management and cultural transformation. These discussions set the stage for the upcoming AI Agent and Copilot Summit, scheduled for March 17-19 in San Diego, focusing on maximizing AI’s impact in businesses.
Welcome to the latest episode of the AI Agent & Copilot Podcast, where we delve into significant developments in AI Copilot technology. This week, Tom Smith highlights key insights from the recent Microsoft AI Tour in New York City, focusing on how financial services are embracing AI.
In this episode, we learned that many major financial institutions are going “All In” on AI initiatives. A standout moment came from BNY’s CIO, Leigh-Ann Russell, who shared impressive statistics about their AI assistant’s reach. Over 50,000 employees have access to this tool, with 22,000 fully trained, and about half of them are actively building AI agents. It’s remarkable to see so many employees engaged in creating AI solutions. Additionally, 80% of the bank’s software developers are using GitHub Copilot on a daily basis.
Another insightful speaker at the event was Angie Ruan, CTO of Nasdaq. She discussed the five essential pillars for successful AI initiatives: data management, cloud computing, security, governance, and cultural transformation. Ruan emphasized that effective data management is the foundation of AI success, but cultural change within organizations is equally crucial.
These discussions set the stage for the upcoming AI Agent and Copilot Summit, scheduled for March 17-19 in San Diego, California. This event will explore how businesses can maximize the impact of AI tools like Microsoft Copilot.
Stay tuned as we keep you updated on the evolving landscape of AI in the financial sector and beyond.
Tags: AI Copilot, Microsoft AI Tour, Financial Services, Data Management, Cultural Transformation, AI Summit, GitHub Copilot.
What is the focus of the AI Agent & Copilot Podcast?
The AI Agent & Copilot Podcast talks about how artificial intelligence is changing the financial services industry. We explore what “going all in” on AI looks like for companies and how it affects their operations and customer experiences.
Why is AI important in financial services?
AI is vital in financial services because it helps companies analyze data faster and make better decisions. It can improve customer service, enhance security, and offer personalized financial advice, making it easier for people to manage their money.
How can financial services use AI tools?
Financial services can use AI tools in various ways, such as chatbots for customer support, algorithms to detect fraud, and systems to analyze Market trends. These tools help companies work more efficiently and provide improved services to clients.
What trends are we seeing with AI in finance?
Current trends include increased automation, real-time data analysis, and personalized financial products. Many firms are also investing in machine learning to better understand customer behavior and enhance decision-making processes.
How can I stay updated on AI developments in financial services?
To keep up with AI developments in financial services, listen to our podcast episodes, join online communities, read industry blogs, and follow experts on social media. These resources can help you understand how AI is impacting finance and keep you informed about the latest trends.
