Goldman Sachs partners with Anthropic to deploy AI agents across core banking operations

Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports

Feb 6 (Reuters) - Goldman Sachs (GS.N), opens new tab is working with technology startup Anthropic to develop AI-powered agents aimed at automating a widening range of internal functions, CNBC reported on Friday, citing the bank's chief information officer. Goldman Sachs confirmed the accuracy of the report. The Wall Street bank has spent the past six months collaborating with Anthropic engineers embedded within its teams to build autonomous agents for tasks including trade and transaction accounting as well as client due diligence and onboarding, Marco Argenti told CNBC. Anthropic is making a push for business deals with products like Claude Cowork, which executes computer tasks for white-collar workers. Goldman is still in the early stages of developing agents based on Anthropic's Claude model, but the technology is expected to significantly reduce the time required to complete core operational processes, Argenti told CNBC. He told CNBC that the bank plans to launch the agents soon, without giving a specific timeline. Reporting by Anna Peverieri in Barcelona; Editing by Mark Porter Our Standards: The Thomson Reuters Trust Principles., opens new tab

Goldman Sachs is tapping Anthropic's AI model to automate accounting, compliance roles

Goldman Sachs has been working with the artificial intelligence startup Anthropic to create AI agents to automate a growing number of roles within the bank, the firm's tech chief told CNBC exclusively. The bank has, for the past six months, been working with embedded Anthropic engineers to co-develop autonomous agents in at least two specific areas: accounting for trades and transactions, and client vetting and onboarding, according to Marco Argenti, Goldman's chief information officer. The firm is "in the early stages" of developing agents based on Anthropic's Claude model that will collapse the amount of time these essential functions take, Argenti said. He expects to launch the agents "soon," though he declined to provide a specific date. "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," he said. Goldman Sachs CEO David Solomon said in October that his bank was embarking on a multi-year plan to reorganize itself around generative AI, the technology that has made waves since the arrival of OpenAI's ChatGPT in late 2022. Even as investment banks like Goldman are experiencing surging revenue from trading and advisory activities, the bank will seek to "constrain headcount growth" amid the overhaul, Solomon said. The news from Goldman, a leading global investment bank, comes as model updates from Anthropic, co-founded by a former OpenAI executive, have sparked a sharp selloff among software firms and their credit providers as investors wager on who the winners and losers from the AI trade will be.

Goldman Sachs' Information Chief Marco Argenti Deepens A.I. Push with Anthropic

From coding to compliance, Goldman Sachs is rolling out A.I. agents firmwide in one of Wall Street's most ambitious automation efforts. Marco Argenti, chief information officer at Goldman Sachs, is leading one of Wall Street's most aggressive integrations of A.I. He has made a name for himself as an early adoptor of A.I. in finance through initiatives like the GS AI Assistant platform, which is offered to Goldman Sachs employees for tasks such as coding and translation, and last year's pilot of A.I. software engineer Devin, made by Cognition Labs. More recently, the investment bank has been collaborating with Anthropic, using its Claude model primarily in its accounting and compliance departments, Argenti said in an interview with CNBC published today (Feb. 6). Sign Up For Our Daily Newsletter Sign Up Thank you for signing up! By clicking submit, you agree to our <a href="http://observermedia.com/terms">terms of service</a> and acknowledge we may use your information to send you emails, product samples, and promotions on this website and other properties. You can opt out anytime. See all of our newsletters The goal is to speed up tasks that involve massive amounts of data without investing in more manpower. "Think of it as a digital co-worker for many of the professions within the firm that are scaled, complex and very process-intensive," Argenti said. Argenti spent much of his career in the tech and cloud computing industries before joining Goldman Sachs in 2019. He previously served as vice president of technology at Amazon Web Services, overseeing serverless computing and virtual reality. Earlier in his career, he led developer experiences at Nokia. Anthropic is known for its A.I. coding assistant, which is widely used by engineers. Goldman Sachs quickly realized that the traits that make a good coder -- such as applying logic and working with large volumes of complex data -- could be applied to tasks across accounting and compliance, Argenti said. Outside those departments, Claude agents could also be used for employee surveillance and creating investment banking pitchbooks for clients, he revealed. Goldman Sachs and Anthropic did not respond to requests from Observer to comment on those efforts. A collaboration with Goldman Sachs is the latest win for Anthropic, which has positioned itself as an enterprise-focused A.I. company. Earlier this week, the startup's release of coworking software with various industry plug-ins triggered a panic selloff in enterprise software stocks, as investors worried such tools could make existing products obsolete. Other Wall Street giants are also embracing A.I. agents. JPMorgan Chase currently has more than 500 A.I. use cases, ranging from customer service to idea generation and marketing, and draws upon models from both Anthropic and OpenAI to power its internal LLM Suite program. Morgan Stanley was an early client of OpenAI, using its tech to distill meeting notes, aid financial research and boost coding productivity. A.I.'s use in financial services has grown each year since 2022, according to a recent Nvidia survey, in which 100 percent of industry professionals said A.I. spending will either stay the same or increase in 2026. A.I. agents, in particular, are being used or assessed by 42 percent of respondents. Top workflows include knowledge management and retrieval, internal process optimization and customer support automation. Such widespread adoption will inevitably lead to industry-wide labor shifts. A.I. leaders and studies alike have warned that the technology could reshape or eliminate entry-level white-collar roles. It's unclear how the use of A.I. would affect Goldman Sachs' employees. But Argenti conceded that A.I.'s advancements could eliminate the need for third-party providers.

Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents: Report

The Wall Street bank has spent the past six months collaborating with Anthropic engineers embedded within its teams to build autonomous agents for tasks including trade and transaction accounting as well as client due diligence and onboarding, Marco Argenti told CNBC. Goldman Sachs is working with technology startup Anthropic to develop AI-powered agents ⁠aimed at automating a widening range of internal functions, CNBC reported on Friday, citing the bank's chief information officer. Goldman Sachs confirmed the accuracy of the report. The Wall Street bank has spent the past six months collaborating with Anthropic engineers embedded within its teams to build autonomous agents for tasks including trade and transaction accounting as well as client due diligence and onboarding, Marco Argenti told CNBC. Anthropic is making a push for business deals with products like Claude Cowork, which executes computer tasks for white-collar workers. Goldman is still in the early stages of developing agents based on Anthropic's Claude model, but the ⁠technology is ⁠expected to significantly reduce the time required to complete core operational processes, Argenti told CNBC. He told CNBC that the bank plans to launch the agents soon, without giving a specific timeline.

Goldman Sachs Teams Up With Anthropic To Deploy AI For Core Banking Tasks - Goldman Sachs Group (NYSE:GS), JPMorgan Chase (NYSE:JPM)

Goldman Sachs Group Inc. (NYSE:GS) is working with artificial intelligence (AI) startup Anthropic to develop AI agents that will automate key banking functions. Six-Month Partnership Targets Core Functions In a conversation with CNBC, Marco Argenti, Goldman Sachs' chief information officer, said the bank has spent six months working with embedded Anthropic engineers to co-develop agents based on Claude AI. The agents will focus on two areas: trade and transaction accounting, and client vetting and onboarding. The firm is in early development stages and expects to launch "soon," though no specific timeline was provided. Argenti described the technology as "a digital co-worker" for scaled, complex, process-intensive roles. Anthropic's Enterprise Push Gains Momentum Anthropic recently launched Claude Opus 4.6 with enhanced planning, coding, and debugging capabilities. AI Reorganization Under Way Goldman CEO David Solomon announced in October a multiyear reorganization around generative AI while planning to "constrain headcount growth." The bank initially tested autonomous AI coder Devin before expanding to Anthropic's Claude. "Claude is really good at coding," Argenti said during the interview, noting that the model's ability to reason through complex problems step by step and apply logic has proven useful beyond software development, particularly in accounting and compliance tasks that require document analysis and judgment. While the bank employs thousands in the affected areas, Argenti also described speculation about job losses as "premature," though he said third-party providers could see cuts as the technology develops. Photo: Shutterstock Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Goldman Sachs Lets AI Agents Do Accounting and Compliance Work | PYMNTS.com

By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. The initiative reflects the rapid adoption of agentic AI and the broader trends in corporate finance where CFOs and firms are experimenting with productivity-boosting platforms while managing risk and control. Goldman's chief information officer, Marco Argenti, told CNBC that Goldman has spent six months embedding Anthropic engineers within its technology teams to co-develop AI agents capable of performing complex, rule-based tasks that extend beyond simple coding or drafting. These agents are being tested on transaction reconciliation, trade accounting, client vetting and onboarding processes, traditionally labor-intensive jobs that have resisted automation for decades because they require processing large volumes of data against strict regulatory frameworks. Goldman's embrace of agentic AI comes amid a broader push toward automation within the finance industry. CEO David Solomon has previously highlighted generative AI as central to a multiyear strategy to control headcount growth and accelerate internal workflows. Argenti noted that early work with a pilot coding assistant led engineers to realize Claude's reasoning abilities were strong enough to handle more advanced financial tasks, prompting a move toward deeper use cases. This deployment is being framed internally as one where AI agents function as "digital colleagues" rather than replacements for human workers, though market reactions hint at larger tension points. A sell-off in technology and financial services stocks earlier this week, which wiped out billions in market value after Anthropic released a new automation tool, underscores investor concerns that AI could disrupt legacy software vendors and accelerate labor substitution across industries. Goldman's initiative illustrates how agentic AI is beginning to be used in production across large financial institutions, but it is far from the only strategic push toward autonomous systems. In the corporate world, firms are investing in internal AI platforms that integrate agentic capabilities directly into daily workflow systems. A case in point is Citi's rollout of Stylus Workspaces, a platform designed to streamline complex multi-step tasks across applications and data sources, consolidating manual workflows that previously required multiple tools and human handoffs. Citi's strategy highlights a broader trend in enterprise AI: firms are choosing to build internal agentic layers rather than rely solely on external products, allowing them to retain control over sensitive financial data and compliance logic while boosting productivity. These platforms can reduce the friction employees face when switching between legacy systems, automate routine work and elevate human capacity for higher-value tasks. Large numbers of CFOs are already using AI across finance functions, but they are carefully sequencing adoption based on risk and control. According to a December PYMNTS Intelligence report, in structured, rules-based areas like working capital monitoring, cash flow tracking and compliance oversight, 45% of CFOs report using AI tools today, the highest penetration of the technology in any discrete finance domain. CFOs largely view AI as a visibility and advisory. According to the same PYMNTS Intelligence study, 52% would allow AI to recommend adjustments to liquidity and payment timing, but human oversight is still considered essential in high-risk areas, particularly where cross-system coordination is involved. Another PYMNTS Intelligence report found that nearly 7% of CFOs have already deployed agentic AI in live finance workflows, while another 5% are running pilots. Even among those not yet deploying the technology, appetite is rising: seven in 10 enterprise CFOs said they are very or extremely interested in using agentic AI for financial planning and analysis, while 68% expressed high interest in applying it to financial reporting and 63% to cost management and working capital optimization.