Banks, lenders, CFO offices, accounting and advisory firms
AI for Finance
Document intake, close support and policy answers for banks, lenders, CFO offices and the firms that advise them.
Finance teams already run on controls. The question for AI is where it fits inside them. Intake, reconciliation and policy lookups are repetitive, documented and measurable, which makes them the right first candidates. Credit decisions are not, and an engagement here says so up front.
Where the hours go
Work that AI can carry.
- 01 Document intake for KYC and loan files
Identity documents, statements and applications read into the fields the file needs, with exceptions routed to a person.
- 02 Reconciliation and close support
Transactions matched across systems and the unmatched items explained in a note the accountant can act on.
- 03 Policy questions answered from internal documents
Staff ask about a procedure and get the answer from the firm's own manual, with the source cited.
- 04 Customer correspondence drafts with review
Responses to routine requests drafted for a person to check and send.
What has to hold
The rules an engagement respects.
- GLBA
Customer financial information has handling and disclosure rules that apply to every tool in the chain.
- SOX controls
A change to a financial reporting process is a change to a control, and it has to be documented and tested as one.
- Model risk management guidance (SR 11-7)
A model that influences a decision needs validation, monitoring and an owner.
- Recordkeeping and retention
Prompts and outputs that touch a customer record may themselves be records.
How an engagement runs here
The four steps, as they run in finance.
- 01 Assess
The assessment inventories the systems that hold customer data, the controls that sit on top of them, and the AI use already happening at desks.
AI Readiness Assessment - 02 Plan
The roadmap selects a workflow that sits outside the credit decision itself, so the first pilot does not trigger a model validation cycle.
Strategy and Roadmap - 03 Build
The build logs every prompt and output against the record it touched, so the audit trail exists from the first day in production.
Implementation - 04 Train
Training pairs each role with the policy line that applies to it, and compliance signs off on the materials before they go out.
Training and Change Management
Start with the assessment.
An inventory of your systems, data and rules, interviews with your department leads, and a report that says what to do first in finance.