Anthropic Releases 10 New Agents Built For Banks, Is AI The Future Of Finance?

That’s a great question, thanks for asking…

Anthropic! The minds behind your best friend, Claude, have just unveiled 10 finance-first AI tools, and so, in no particular order, here are our:

TOP TEN FINANCE-FIRST AI TOOLS UNVEILED BY ANTHROPIC:

Pitch builder, which, wait, let me guess, builds pitches?
Meeting preparer, err, does it… prepare meetings?
Earnings reviewer, reviews earnings, I presume?
Model builder, OK, it builds models. I get it.
Market researcher, it RESEARCHES MARKETS. I understand.
Valuation reviewer, reviews valuations, yes. I know. Are they all going to be named like this?
General ledger, I’m understanding the pattern now. It ledges generals.
Month-end closer, closes the month-end? What? What are you talking about?
Statement auditor, audits statements. OK, I think I know what that means…
KYC screener, KYC is ‘know your customer’, so this tool screens know your customers. Yeah. That makes sense.

Pretty useful stuff. Well, presumably useful if you’re a bank or other financial entity. And apparently these tools work across Excel, PowerPoint, Word, Microsoft 365 and Outlook (but not yet, hold your horses, they’re still working on that one).

But the question remains: is AI the future of finance? Well, that’s a great question, thanks for asking, but of course, we won’t know until the future arrives. Anthropic certainly thinks so, but they are an AI company, so they would say that.

A better question (but in much worse English) might be, is AI the present of finance? And to that the answer is: yes.

AI has already had a massive influence on the financial world, not only with the economic impact of the ballooning tech sector, but in the application of AI tools in finance. Trading and investment, underwriting, auditing, and anti-money laundering have all made use of bespoke AI tools.

In fact, finance was one of the first sectors to embrace machine learning technologies, beginning way back in 1987, “When Security Pacific National Bank launched a fraud prevention task-force to counter the unauthorized use of debit cards.” At least that’s according to my buddy John Wiki Pedia.

So AI has very much been a part of the finance world’s past and present. If you had to guess, it seems a safe bet to say AI will be part of finance’s future too.

TLDR: Yes.