Santander launches its first AI products in investment banking
La entidad consigue elevar el volumen gestionado de solicitudes de clientes con una nueva herramienta que acelera la operativa con acciones y bonos. Leer
Santander's Corporate & Investment Banking (CIB) division has introduced a new tool called Automated Pricer, which uses artificial intelligence to accelerate operations with stocks, bonds, and derivatives. The tool has already shown tangible benefits, allowing the bank to handle a greater volume of client requests and improve financing decisions.
Santander aims to generate over €1,000 million in business value with AI by 2028, with €200 million expected by 2026 and the remaining €800 million in 2027 and 2028. The bank is deploying AI across all its businesses to reduce costs and improve efficiency.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
