Organizations to launch Generative AI Learning
Program for S&P Global’s workforce and enhance AI Development
and Benchmarking to Foster Innovation in Financial Services
S&P Global (NYSE: SPGI) and Accenture (NYSE: ACN) have
formed a strategic collaboration to fuel generative AI (gen AI)
innovation across the financial services industry. The
collaboration includes initiatives to empower customers and S&P
Global’s workforce to adopt and innovate with gen AI at scale.
S&P Global is equipping all 35,000 of its employees with the
necessary skills to leverage this transformative technology through
a comprehensive gen AI learning program that will be rolled out in
August. The companies also plan to work together to enhance AI
development and benchmarking solutions for the financial services
industry.
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S&P Global and Accenture have formed
a strategic collaboration to fuel generative AI (gen AI) innovation
across the financial services industry. (Graphic: Business
Wire)
The learning program will leverage services from Accenture
LearnVantage, including curated and customized content to drive AI
fluency for S&P Global’s workforce. It will help S&P Global
effectively address the industry’s evolving talent requirements and
empower employees at all levels to leverage the advantages of gen
AI.
Beyond the AI learning initiative, the companies also plan to
enhance AI development and benchmarking throughout the financial
services industry. The collaboration will bring together
Accenture's Foundation Model Services, which help companies manage
and scale large language models (LLMs), with S&P AI Benchmarks
by Kensho, a solution that evaluates LLMs’ performance for
financial and quantitative use cases. Customers can use Accenture’s
proprietary gen AI “switchboard” to select and customize models
based on the business context or use case, as well as its managed
services for finetuning and prompt engineering. They will also have
access to S&P AI Benchmarks to evaluate the AI model’s
performance and ability to solve complex financial queries via
S&P Global’s standardized and transparent third-party
verification. This collaboration will enable banks, insurers, and
capital markets firms to strengthen the performance and efficacy of
their solutions while ensuring that responsible AI is built into
every use.
“AI is for everyone, and at S&P Global, we want to empower
our people and our customers to adopt, build and innovate with gen
AI,” said Bhavesh Dayalji, S&P Global’s chief AI officer. “Gen
AI will continue to transform the financial services industry,
enhancing our day-to-day work and our customer interactions. We are
partnering with Accenture to ensure that our people and our
customers are not only prepared for the gen AI transformation, but
are ready to lead it.”
"We are excited to work alongside S&P Global to deliver
innovative solutions that will drive the future of gen AI learning
and benchmarking,” said Lan Guan, chief AI officer, Accenture. “An
AI-ready workforce that can effectively deploy and scale the
technology simply does not exist today — it must be created.
Leaders like S&P Global are taking the right steps to train and
upskill their people and reinvent themselves for the era of gen
AI.”
Forward-Looking Statements Except for the historical
information and discussions contained herein, statements in this
news release may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
Words such as “may,” “will,” “should,” “likely,” “anticipates,”
“aspires,” “expects,” “intends,” “plans,” “projects,” “believes,”
“estimates,” “positioned,” “outlook,” “goal,” “target” and similar
expressions are used to identify these forward-looking statements.
These statements are not guarantees of future performance nor
promises that goals or targets will be met, and involve a number of
risks, uncertainties and other factors that are difficult to
predict and could cause actual results to differ materially from
those expressed or implied. These risks include, without
limitation, that the collaboration might not achieve the
anticipated benefits for Accenture, as well as the risks,
uncertainties and other factors discussed under the “Risk Factors”
heading in Accenture plc’s most recent Annual Report on Form 10-K
and other documents filed with or furnished to the Securities and
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of the date they were made, and Accenture undertakes no duty to
update any forward-looking statements made in this news release or
to conform such statements to actual results or changes in
Accenture’s expectations.
About Accenture Accenture is a leading global
professional services company that helps the world’s leading
businesses, governments and other organizations build their digital
core, optimize their operations, accelerate revenue growth and
enhance citizen services—creating tangible value at speed and
scale. We are a talent- and innovation-led company with
approximately 750,000 people serving clients in more than 120
countries. Technology is at the core of change today, and we are
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because of our broad range of services, solutions and assets across
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www.accenture.com.
About S&P Global S&P Global (NYSE: SPGI)
provides essential intelligence. We enable governments, businesses
and individuals with the right data, expertise and connected
technology so that they can make decisions with conviction. From
helping our customers assess new investments to guiding them
through sustainability and energy transition across supply chains,
we unlock new opportunities, solve challenges and accelerate
progress for the world. S&P Global has been at the forefront of
AI for the financial services industry since acquiring Kensho in
2018. Since then, the teams have worked closely together to deliver
solutions for customers using Kensho’s core capabilities of machine
learning, natural language processing, and data discovery. S&P
Global aims to redefine the intelligence that powers global markets
with AI, embracing the transformative potential of GenAI across the
enterprise to drive innovation, speed up time to market, and build
sophisticated, intuitive experiences for customers.
We are widely sought after by many of the world's leading
organizations to provide credit ratings, benchmarks, analytics and
workflow solutions in the global capital, commodity and automotive
markets. With every one of our offerings, we help the world's
leading organizations plan for tomorrow, today.
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version on businesswire.com: https://www.businesswire.com/news/home/20240806725380/en/
Eric Becker Accenture +1 720 359 5434
eric.becker@accenture.com
Roger Cabrera S&P Global roger.cabrera@spglobal.com
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