McKinsey: banks cut manual work by up to 50% with AI agents
A McKinsey report describes how banks are moving toward AI-based "coworkers" able to plan tasks, use tools and coordinate actions across systems. A US bank applied the model to fund accounting, reconciliations, middle-office operations and architecture reviews, and in one of those evaluations cut manual work by 40% to 50%. The consultancy warns that an error can affect production systems, expose customer data or breach rules, and recommends limited permissions, dedicated identities and final human authorization.
In 40 seconds
- A US bank cut manual work by 40% to 50% in fund accounting, reconciliations, middle office and architecture reviews using AI agents.
- The project also aims to raise annual permission review volume by 60% and shorten approval cycles by 25%, with architects holding final authorization.
- McKinsey warns that an agent error can affect production systems, expose customer data or cause regulatory breaches.
Read the full story at Infobae
IASummary generated by artificial intelligence from a story by Infobae. It may contain errors: the original source prevails.
Comments
Be respectful. Comments reported by several people are hidden until a moderator reviews them.
You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.