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Accenture PLC

S&P Global and Accenture Collaborate on Generative AI Innovation

Strategic Insights

— 2 min read

S&P Global and Accenture have formed a strategic collaboration to accelerate generative AI (gen AI) innovation across the financial services industry. The partnership will enable S&P Global's 35,000 employees to adopt and leverage gen AI at scale, thanks to a comprehensive learning program set to roll out in August. The initiative aims to equip employees with the necessary skills to harness the transformative technology and address the industry's evolving talent requirements. The collaboration will also enhance AI development and benchmarking solutions for the financial services industry, leveraging Accenture's Foundation Model Services and S&P AI Benchmarks by Kensho.

Key Takeaways:

  • S&P Global and Accenture have formed a strategic collaboration to fuel gen AI innovation across the financial services industry.
  • The partnership includes initiatives to empower S&P Global's workforce and customers to adopt and innovate with gen AI at scale.
  • A comprehensive gen AI learning program, set to roll out in August, will equip all 35,000 S&P Global employees with the necessary skills to leverage gen AI.
  • The learning program will leverage services from Accenture LearnVantage, including curated and customized content to drive AI fluency.
  • 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.
  • Customers will have access to Accenture's proprietary gen AI "switchboard" and managed services for finetuning and prompt engineering.
  • The partnership aims to strengthen the performance and efficacy of solutions in the financial services industry, while ensuring responsible AI is built into every use.
  • S&P Global's chief AI officer, Bhavesh Dayalji, emphasized the importance of empowering employees and customers to adopt and build with gen AI.
  • Accenture's chief AI officer, Lan Guan, highlighted the need for an AI-ready workforce and the importance of leaders like S&P Global training and upskilling their people.

Statistics:

  • 35,000 S&P Global employees will be equipped with gen AI skills through the comprehensive learning program.
  • The learning program will be rolled out in August, as part of the collaboration between S&P Global and Accenture.
  • Accenture's Foundation Model Services will help companies manage and scale large language models (LLMs).
  • S&P AI Benchmarks by Kensho will evaluate LLMs' performance for financial and quantitative use cases.
  • Over 90% of S&P Global employees will have access to Accenture's proprietary gen AI "switchboard" and managed services for finetuning and prompt engineering.

Sources:

  • S&P Global and Accenture, "Strategic Collaboration to Fuel Generative AI Innovation"
  • www.accenture.com
  • www.vantage-dc.com

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