S&P Global and Accenture: The potential of Gen AI
S&P Global and Accenture have entered into a strategic collaboration to drive generative AI innovation in the financial services industry. The collaboration includes initiatives that will enable S&P Global clients and employees to deploy and innovate generative AI at scale. S&P Global is equipping all 35,000 employees with the necessary skills to leverage this transformative technology through an AI learning program launched in August.
The companies also plan to work together to improve AI development and benchmarking solutions for the financial services industry.
The collaboration will bring together Accenture's Foundation Model Services, which help organizations manage and scale large language models (LLMs), with Kensho's S&P AI Benchmarks, a solution for evaluating the performance of LLMs for financial and quantitative use cases. Clients can leverage Accenture's proprietary AI switchboard to select and customize models based on business context or use case, as well as Accenture's managed services for fine-tuning and prompt engineering. They will also have access to S&P AI benchmarks to assess the AI model's performance and its ability to solve complex financial questions using S&P Global's standardized and transparent third-party verification. This collaboration will enable banks, insurers and capital markets firms to improve the performance and efficiency of their solutions while ensuring that responsible AI is integrated into every application.