Overview
- OpenAI publicly launched ChatGPT for Financial Services on Thursday, a vetted enterprise offering built on its new GPT-6 Astra model to serve investment banking and equity research teams.
- The tool was co-designed with Morgan Stanley and Evercore and ships with indexed datasets from providers such as LSEG News, PitchBook, Daloopa and Crunchbase plus connectors to firm subscriptions like FactSet and S&P Global.
- Users can run multi-source research, build financial models and generate client materials such as pitchbooks and slide decks using their firm templates inside the ChatGPT interface.
- Access is limited to eligible institutions that must obtain ChatGPT Enterprise accounts and direct clearance from OpenAI, and the product includes role-based access, encryption and exportable workspace logs for compliance teams.
- The launch continues a wider industry push to sell vertical AI into regulated finance and raises questions about adoption, changes to junior bankers’ workflows and how rivals will respond.