BNY Prepares for Economic Upswing with Technology Investments

BNY CEO Robin Vince anticipates U.S. economic growth under President-elect Donald Trump's administration. BNY is investing in artificial intelligence technologies to enhance employee and client solutions, leveraging its 240-year history in financial services including custody, treasury, and wealth management.


Devdiscourse News Desk | Updated: 12-12-2024 00:35 IST | Created: 12-12-2024 00:35 IST
BNY Prepares for Economic Upswing with Technology Investments
This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only.

BNY is gearing up for potential economic growth in the U.S. under the upcoming administration of President-elect Donald Trump, as indicated by CEO Robin Vince at the Reuters NEXT conference in New York on Wednesday.

Vince highlighted that BNY is actively investing in artificial intelligence to augment both employee capabilities and client services. He described this investment as a means to provide 'human leverage' and enhance operational solutions.

With a legacy of 240 years, BNY, founded by Alexander Hamilton, offers a vast range of services including custody, treasury operations, market management, and wealth and investment management.

(With inputs from agencies.)

Give Feedback