Farsight Deploys AI Platform at Deutsche Bank

Farsight has deployed its AI platform within Deutsche Bank for investment banking and capital markets teams in Europe and North America, according to FinTech Global. The platform runs on premises, keeping proprietary knowledge, client information and user interaction records within the bank's technology environment.

Bankers can use historical work, internal data, templates and institutional standards to create materials through a chat interface. The system adjusts outputs based on context and user feedback.

The platform is available through a web interface and applications including PowerPoint, Excel, Word and email. It supports pitch decks, confidential information memorandums, internal memos and financial models.

"Farsight gives our teams a way to apply AI to their own workflows and materials while operating within Deutsche Bank's technology environment," said George Tierney, Deutsche Bank managing director and global chief operating officer for M&A.