EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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What EY can do for you
EY teams help enable the world’s leading financial services firms to ask the big questions, define strategies to align GenAI capabilities with company value drivers and execute the strategy to capture the value opportunity. Our multidisciplinary teams can look across the business, data and AI, technology, risk, and privacy disciplines to help craft new strategic direction, build and scale AI centers of excellence to enable AI use cases, develop robust governance frameworks, and deploy new operating models across people, process and technology. Whether you are looking to improve customer engagement or enhance knowledge management for the workforce, we can help transform your business while balancing risk and reward.
Generative AI (GenAI) is revolutionary. For financial services firms, transforming the business means both understanding and acting, while carefully managing the risks. Value creation from GenAI will come not only from cutting-edge technology but from a data culture that invests in foundational capabilities and develops a framework for risk management. Successful initiatives will manifest from a combination of industry domain expertise and a culture of innovation that envisions new ways of doing business through the convergence of GenAI and other next-generation technologies.
Generative AI might just be the transformative moment that changes everything
While AI has been widely used in financial services firms, GenAI stands poised to redefine the future of financial services from front to back office. As such, financial services firms must ensure their governance frameworks are aligned to the new risks that emerge from AI use cases being implemented throughout the enterprise fabric. Implementing GenAI requires heightened board-level attention to issues of ethics, trust and bias, along with renewed vigor for cybersecurity and data integrity.
- Fairness in insurance: Context matters
- Unlocking the future of commercial banking
- Reframing Insurance: Navigating Disruption and Designing the Future
Our financial sectors
Our latest thinking
Driving growth in financial services with GenAI and third-party event data
Learn how financial advisors, insurance agents and relationship managers use data and tools to develop personalized and actionable recommendations.
How to scale AI in compliance-driven sectors
Please join our panel of professionals for our webcast – a timely discussion of recent trends in banking, healthcare and other compliance-driven industries.
How AI simulation accelerates growth in wealth and asset management
Harness the power of AI simulation to anticipate client behavior and make faster, smarter decisions. Learn more.
Eight ways banks can move AI from pilot to performance
Corporate and commercial banks can gain a first-mover advantage by scaling AI in areas of high potential. New report reveals eight drivers of success. Read more.
How AI in banking can result in major transformative benefits
Explore the EY-Parthenon survey on AI in banking, highlighting GenAI's rapid evolution, significant investments, and growing optimism in the industry.
How insurers are embracing customer-facing applications for GenAI
Front-office GenAI applications are taking center stage as insurers become more confident with customer-facing use cases.
Unlocking strategic advantage: Generative AI in wealth and asset management
EY research reveals that AI in wealth management is driving significant positive impacts for asset managers in both back-office and front-office use cases.
Addressing AI bias: a human-centric approach to fairness
Remediating AI bias is essential for fostering responsible AI development and driving equitable outcomes. Read our report to learn more.
The age of autonomous technologies in insurance: separating myth from reality
Discover how autonomous frontier technologies, like agentic AI, driverless vehicles, and humanoid robotics, are poised to transform the insurance industry.
The Gen AI team
How EY can help
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EY teams help financial services organizations realize value from cloud investments.
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Tech-forward EY Financial Services solutions help you harness the transformational power of technology, innovation and people to unlock new sources of value at speed and scale.
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The EY Microsoft Alliance delivers data & AI solutions that help businesses achieve greater efficiency and create net-new value. Learn more.
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Unlock the potential of AI in commercial credit. Find out more.
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AI boosts business but presents challenges. A Responsible AI framework allows leaders to harness its transformative potential while mitigating risks.
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