The Bank of New York Mellon Corporation has announced a multiyear strategic relationship with OpenAI, a leading artificial intelligence company. This partnership grants BNY Mellon access to advanced OpenAI tools, including Deep Research and its most sophisticated reasoning models.
These cutting-edge AI capabilities will be integrated with BNY Mellon’s proprietary internal AI platform, Eliza, aiming to drive significant productivity gains and develop new revenue streams. OpenAI, in turn, expects to gain valuable insights into how effectively its models perform complex tasks within a real-world financial services environment.
This collaboration underscores BNY Mellon's profound commitment to technological differentiation and innovation, leveraging AI to unlock capacity, improve risk management, and enhance its workforce's capabilities. While the immediate financial impact is de minimis, the company anticipates an acceleration of benefits from 2026 onwards, reinforcing its strategic vision as a platforms-oriented financial services company.
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