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At BNY, a risk-centric approach to GenAI

Centralised platform allows bank to focus on risk management, governance and, not least, talent in its AI build

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Since ChatGPT’s big moment in 2022, BNY has been pedal to the metal on generative artificial intelligence, or GenAI.

Behind this push is a simple conviction about where technology is heading. “We think AI will be the chassis of any technology product built going forward,” says Sarthak Pattanaik, chief data and AI officer at the bank. “It’s like part of the operating system. So, for us, [it’s] all

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