HSBC: Partnered with Canadian AI firm Element AI

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HSBC: Partnered with Canadian AI firm Element AI

HSBC: Partnered with Canadian AI firm Element AI to help analyse data from clients of its Global Banking and Markets (GMB)

  • HSBC is one of the largest banking and financial services organisations in the world
  • The bank hopes that this collaboration will enable global control criteria more easily
  • The partnership with the company will provide a base for joint development of AI-based software
  • Element AI team working on this partnership is based on HSBC’s New innovation Lab
  • HSBC search to find firms that can boost its ability to carry out data analysis
  • The bank hopes to sign agreements with one or two more of these companies