Deutsche Bank and Goldman Sachs seek to use artificial intelligence to "monitor" traders' improper behavior.

Deutsche Bank and Goldman Sachs are currently seeking to strengthen trade monitoring and track potential misconduct using agent-based artificial intelligence, which shows that financial institutions are incorporating such technologies into their daily operations. Bernd Leukert, Chief Technology, Data, and Innovation Officer at Deutsche Bank, stated that the bank is collaborating with Google Cloud, a subsidiary of Alphabet Inc., to develop a large language model for identifying anomalies in orders, transactions, and market fluctuations. The so-called agent-based artificial intelligence typically refers to an artificial intelligence system that can autonomously plan and take action, as opposed to just providing information like chatbots. The goal of Deutsche Bank in developing this tool is to identify potential market abuse behavior and submit it to human compliance personnel for handling once it is operational.