15 ChatGPT Use Cases in Investment Banking | by Vedant Dwivedi - DataDrivenInvestor

Generative AI tool ChatGPT is changing the landscape of investment banking by improving speed, precision, information management, and client engagement. Key points of interest are:.

ChatGPT can automate many banking tasks, including data analysis, report creation and client communication, providing investors and analysts with more time for strategy and negotiation.

The AI tool's ability to scan and summarize large datasets and legal documents help identify market trends, company valuations, and business risks, and streamline merger and acquisition workflows.

Investors and stakeholders can benefit from ChatGPT drafting consistent, professionally-toned newsletters and insightful performance summaries.

Risk teams can use ChatGPT to assess and counter potential investment risks thanks to its ability to utilize historical and real-time data to predict market outcomes.

The tool can also ease client onboarding, monitor regulation changes, provide standard responses to FAQs, and execute simulations for resource allocation, making it a powerful training tool for new investment banking personnel.