6 Sources
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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
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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
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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
[4]
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
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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
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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
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Goldman Sachs has been working with Anthropic for six months to develop AI agents that automate critical banking functions. The collaboration, led by CIO Marco Argenti, focuses on trade and transaction accounting as well as client vetting and onboarding. The move signals Wall Street's aggressive push into AI-powered automation as banks seek to reduce operational timelines without expanding headcount.
Goldman Sachs has spent the past six months collaborating with Anthropic to build AI agents that will automate core banking functions, marking one of Wall Street's most aggressive moves into artificial intelligence-powered automation
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. Marco Argenti, the bank's chief information officer, revealed that embedded Anthropic engineers have been working directly within Goldman's teams to co-develop autonomous agents based on Anthropic's Claude model2
. The collaboration targets two specific areas initially: trade and transaction accounting, and client due diligence and onboarding4
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Source: PYMNTS
Argenti described the technology as "a digital co-worker for many of the professions within the firm that are scaled, complex and very process-intensive"
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. The investment bank is still in the early stages of developing these AI-powered autonomous agents, but the technology is expected to significantly reduce the time required to complete core operational processes1
. Goldman plans to launch the agents soon, though no specific timeline has been provided4
. Beyond accounting and compliance departments, Claude agents could also be used for employee surveillance and creating investment banking pitchbooks for clients3
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Source: Benzinga
The collaboration comes as Goldman Sachs CEO David Solomon announced in October a multi-year plan to reorganize the bank around generative AI while seeking to "constrain headcount growth"
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. Argenti noted that Claude's ability to reason through complex problems step by step and apply logic has proven useful beyond software development, particularly in tasks that require document analysis and judgment5
. The bank previously tested autonomous AI coder Devin before expanding to Anthropic's Claude5
. Argenti, who joined Goldman Sachs in 2019 after serving as vice president of technology at Amazon Web Services, has led initiatives like the GS AI Assistant platform for tasks such as coding and translation3
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Source: Observer
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The partnership represents a major win for Anthropic, which has positioned itself as an enterprise-focused AI company with products like Claude Cowork that execute computer tasks for white-collar workers
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. Other Wall Street giants are following suit—JPMorgan Chase currently has more than 500 AI use cases drawing upon models from both Anthropic and OpenAI, while Morgan Stanley uses OpenAI's tech to distill meeting notes and aid financial research3
. According to a recent Nvidia survey, 100 percent of financial services professionals said AI spending will either stay the same or increase in 2026, with 42 percent using or assessing AI agents3
. While Argenti described speculation about job losses as "premature," he acknowledged that third-party providers could see cuts as the technology develops, and AI's advancements could eliminate the need for certain external services5
. The move to automate compliance roles and automate core banking functions signals a broader industry shift toward process optimization through automation, raising questions about how entry-level white-collar roles will evolve as banks deploy these digital co-workers across scaled operations.Summarized by
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