Banks are technology companies subject to vertical (that is, industry-specific) regulation. The ABA Banking Journal reports that: “this region [north America], with a history of strong investment in banks’ technology foundations, will see it spending grow to $100.4 billion by 2027...”. AI adoption and deployment forms part of this anticipated spend. Alongside AI, tokenisation of debt instruments will create a new model in syndicated loan markets. This blog explores the current position on AI in syndicated lending.

AI in financial services