Morgan Stanley unveils AskResearchGPT: A game-changer for investment banking and research teams

Digital Reinvention
24/10/2024 News

Morgan Stanley Research has launched AskResearchGPT, a cutting-edge AI tool powered by OpenAI's GPT-4. Tailored for the bank's Investment Banking, Sales & Trading, and Research teams, AskResearchGPT simplifies access to Morgan Stanley’s extensive research archive, which includes over 70,000 proprietary reports published annually. This generative AI tool helps staff quickly retrieve data, gain insights, and summarize information, enhancing client service for institutional investors.

Digital Reinvention
03/09/2024 Study

AI at work: Turning AI potential into results

AskResearchGPT: Enhancing client engagement with Generative AI

According to Katy Huberty, Global Director of Research and Co-Chair of Morgan Stanley’s AI Steering Committee, AskResearchGPT represents the firm's tech-forward philosophy. By integrating advanced AI capabilities into daily workflows, the tool enables employees to deliver more comprehensive, scalable analysis, helping clients generate alpha.

AI-powered data insights at scale

Building on the AskResearch chatbot, AskResearchGPT incorporates OpenAI's GPT-4 model to synthesize unstructured data and provide more in-depth insights. It allows teams to tackle complex client queries with ease, making research accessible through commonly used productivity and communication tools.

Streamlined workflow integration for seamless client service

AskResearchGPT also integrates with Morgan Stanley’s patented workflow solution, allowing staff to export research findings directly into email drafts. These drafts, equipped with hyperlinks to original reports, ensure clients can explore the material further, offering a streamlined experience that improves both efficiency and service quality.

Morgan Stanley’s commitment to AI innovation

With AskResearchGPT, Morgan Stanley continues its pioneering use of AI on Wall Street. The tool is part of the firm’s broader effort to integrate AI technologies across its platforms, reinforcing its role as a leader in AI-driven financial services.

Related news & insights

Digital Reinvention
25/10/2024 Interview

NewTech Friday: Provenir – Offering banks intelligent decision-making solutions

Provenir helps banks, fintechs and financial services providers make smarter decisions faster with its AI-powered risk decisioning platform. Its Chief...

Digital Reinvention
24/10/2024 News

Bank of America sees 94% increase in AI patents since 2022

The company now holds nearly 1,100 AI and ML patents and pending applications, with over half already granted.

Mobility
24/10/2024 News

Ethias Ventures and LeanSquare invest in the future of connected mobility with Linkbycar

This strategic investment allows Ethias to diversify its operations and engage further in cutting-edge technology, while helping Linkbycar strengthen its...

Digital Reinvention
23/10/2024 Article

Exceptional Middle Eastern and African innovation takes centre stage at second Qorus Reinvention Awards - MEA

Qorus announced the winners of the Qorus Reinvention Awards – MEA during a live ceremony in Dubai. Discover the winners.

Insurance
23/10/2024 News

AXA XL launches new cyber insurance for Generative AI risks

This global coverage extension is aimed at protecting companies from the growing threats that accompany the integration of AI technologies...

Digital Reinvention
22/10/2024 News

UOB launches programme for upskilling employees and transforming careers

This comprehensive 12-month initiative, which includes customized learning paths and coaching, is aimed at helping employees transition into new roles...

Insurance
19/10/2024 News

MassMutual offers AI-guided mental health support to policyowners

This offering is a significant addition to MassMutual’s Health and Wellness Program, designed to empower policyowners to take charge of...

Digital Reinvention
18/10/2024 News

Banca Widiba and iGenius partner to transform financial services with Generative AI for business intelligence

The collaboration is aimed at enhancing Widiba’s BI solutions by incorporating cutting-edge AI technologies to simplify data access and improve...