Morgan Stanley (MS) will allow clients' artificial intelligence agents to connect directly to its stock administration platforms, ShareWorks and Equity Edge, CNBC reported Wednesday, citing Morgan Stanley at Work Chief Product Officer Mark Mitchell.
The move would allow autonomous agents to pull data and insights directly from the platforms, bypassing traditional interfaces built for human users, Mitchell told CNBC.
The bank has already granted early access to a handful of clients and plans to expand it to all 3,400 corporate administration clients by next year, Mitchell added, according to the report.
Morgan Stanley did not immediately respond to a request for comment from.
Rivals JPMorgan Chase (JPM) and Goldman Sachs (GS) are using AI agents internally but have yet to announce steps to open their systems to external agents, CNBC said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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