OpenAI launched ChatGPT for Financial Services to automate labor-intensive tasks for investment bankers and analysts. Morgan Stanley and Evercore served as design partners to tailor the product for Wall Street workflows.
The tool handles company research, financial data analysis, and client material creation. The platform runs on the GPT-6 Astra model and integrates with data providers LSEG, Daloopa, and PitchBook.
Enhanced security controls allow users to trace generated figures back to original sources for verification. OpenAI positions the software as a productivity tool similar to Microsoft Excel rather than a replacement for junior staff.