Northern Trust cuts new-client data prep time by 83% with AI
Why it matters
If you run onboarding at a bank or asset manager, a competitor now reports 83% less prep time with controls intact.
Ask your team
How many hours does our team spend gathering data before a new client goes live, and which steps could AI take?
What happened
Northern Trust and Microsoft expanded their partnership, and an AI assistant built with Microsoft's Frontier Company engineers now handles the data groundwork for signing up new clients. Northern Trust reports the prep work takes 83% less time, with privacy, security and governance controls kept in place.
Watch next
Watch whether Northern Trust extends the AI assistant beyond client onboarding.
Tap an underlined word to see what it means.
Impact on Finance & banking · Fintech & payments
The context Last Microsoft story: Lumen and Microsoft will now jointly sell company networks built for AI (8 Nov) · 16 Microsoft stories in the last 30 days
Read the original at Microsoft Source
Something wrong in this story? Report a mistake. We check it against the source within 24 hours.
Share with your take
Start from our line and make it yours. It stays on your device until you post it.
Ask about this story
Answered only from this story, with the line it came from.