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BNY Says 9...
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BNY Says 96% of Employees Use In-House AI Platform

  • BNY has reported that 96% of its employees are using the in-house AI platform, Eliza, to serve clients and facilitate company growth.
  • Initially, 36% of employees adopted the AI platform in fiscal year 2024, with the adoption rate increasing to 96% in the first half of the current year.
  • BNY CEO Robin Vince anticipates that the investment in AI will yield benefits by allowing employees to focus on higher-value tasks and unlocking company capacity.
  • Vince highlighted BNY's record sales, with revenue surpassing $5 billion in a quarter for the first time, attributing this success to the bank's transformation and role in global capital markets.

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