BNY Mellon showcases agentic commerce pitches at internal demo day

BNY Mellon gathered nearly 400 employees to watch pitches at an internal demo day, a sign that the 240-year-old institution is pushing AI adoption well beyond the pilot stage. The event reflects a broader initiative at BNY to embed agentic AI, meaning AI systems that can independently take actions and make decisions, into the daily workflows of one of the world’s largest custodian banks. For a company that holds roughly $50 trillion in assets under custody, the move from experimenting with chatbots to deploying autonomous agents across trading, compliance, and client services represents a meaningful strategic shift. Inside BNY’s AI agent factory The backbone of BNY’s agentic push is Eliza, a proprietary AI platform the bank has built to let employees create, test, and deploy AI agents without needing a computer science degree. BNY has run bootcamp-style training programs through the platform, graduating thousands of employees who can now build their own agents. The bank has deployed somewhere between 100 and 200 AI solutions internally, spanning functions from asset management to regulatory compliance. The platform got a significant upgrade when BNY integrated Google Cloud’s Gemini...