BNY Mellon has developed an internal AI platform called Eliza, which empowers its employees to build AI agents for various business functions. This initiative, leveraging OpenAI's frontier capabilities, has seen 20,000 employees actively creating agents, leading to a 75% reduction in legal review times for certain tasks. The platform integrates robust governance measures to ensure responsible AI deployment across the organization, aiming to transform how the bank operates. AI
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RANK_REASON This is a product launch/update from a financial institution using AI, not a core AI research or frontier model release.
