BMO’s cloud migration strategy eases AI adoption
Canadian bank is beginning to roll out GenAI tool for internal use cases
Armando Benitez’s Bank of Montreal career started in the world of exchange-traded funds. When he joined the bank’s capital markets division eight years ago, his team was tasked with pricing equity ETFs and comparing them to other market-makers. “You have to start from the data perspective, and you have to understand the story that the data is telling,” Benitez says.
While pricing ETFs may appear to be a simple task, he says that back then, no-one had done it yet. It eventually led the way to more
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