S&P Global and Accenture have joined forces in a groundbreaking strategic collaboration aimed at advancing generative AI (gen AI) within the financial services sector. This partnership will focus on equipping S&P Global’s 35,000 employees with essential AI skills and enhancing AI development and benchmarking solutions tailored to the industry.
AI Learning Program
- Accenture LearnVantage: Leveraging curated and customized content to boost AI fluency among S&P Global employees.
- Comprehensive Training: Rollout of a comprehensive generative AI learning program starting in August to address evolving talent requirements.
AI Development and Benchmarking
- Accenture’s Foundation Model Services: Assists in managing and scaling large language models (LLMs) for various business contexts.
- S&P AI Benchmarks by Kensho: Evaluates LLM performance for financial and quantitative use cases, providing standardized third-party verification.
- Gen AI “Switchboard”: Allows customers to select and customize AI models based on specific use cases and business needs.
Enhancing Financial Services
- Performance Improvement: Focus on strengthening the performance and efficacy of solutions used by banks, insurers, and capital markets firms.
- Responsible AI: Ensuring that responsible AI practices are integrated into every solution.
Supporting Quotes
- Bhavesh Dayalji, Chief AI Officer, S&P Global: “Gen AI will continue to transform the financial services industry. We are partnering with Accenture to prepare our people and customers for this transformation and lead it.”
- Lan Guan, Chief AI Officer, Accenture: “An AI-ready workforce must be created. S&P Global’s commitment to training and upskilling its people is crucial for thriving in the era of gen AI.”
Forward-Looking Statements
- Disclaimer: Includes a forward-looking statements disclaimer related to the potential risks and uncertainties associated with the collaboration, as detailed in Accenture’s Annual Report and SEC filings.
The collaboration between S&P Global and Accenture marks a significant step forward in the integration of generative AI in the financial services industry. By focusing on comprehensive workforce training and advanced AI solutions, this partnership aims to drive innovation and efficiency in financial services.
