Capco, the global management and technology consultancy, announced a collaboration with OpenAI, the maker of ChatGPT and frontier AI models such as GPT-4o, GPT-4.5, OpenAI o1 and o3 mini, to accelerate AI’s transformative impact at the world’s financial institutions.
This collaboration combines OpenAI’s innovations with Capco’s financial services domain and GenAI expertise to “deliver powerful solutions that help clients achieve transformative results.”
As part of its GenAI Infused strategy, Capco claims it is leading by example in the “adoption and application of GenAI tools and solutions across the financial services industry.”
Through this collab with OpenAI, Capco is scaling the adoption of ChatGPT across its workforce and supporting these GenAI tools to accelerate “client delivery and execution at scale in real world use cases that are making a difference for our clients.”
Annie-Marie Rowland, CEO of Capco, said:
“GenAI has the potential to transform how we deliver consulting value for our clients and how our clients operate their businesses. It is rare that a technology comes along that can fundamentally augment the way we work and how our clients work at the same time. Our deep expertise in navigating the regulatory, consumer and technical complexities of the financial services industry has uniquely positioned us to safely harness GenAI and leading tools like ChatGPT Enterprise effectively. In partnership with our clients, we have already seen the power of GenAI lead to transformative results when tailored to support our clients’ strategy, operating model, processes and data architectures.
They added:
“By scaling the use of ChatGPT Enterprise across our organization, we’ve further equipped our teams to help clients respond to market trends, and develop leading-edge services, solutions and products with unprecedented speed – all while maintaining the security and governance framework essential in a highly regulated environment.”
Nicolai Skabo, EMEA Head of Sales, OpenAI, said:
“From boosting productivity to streamlining operations, to delivering new innovative solutions for clients, it’s impressive to see the tangible impact AI is already having on Capco’s business. And this is just the beginning, with the global roll out of ChatGPT Enterprise across the business, we expect to see even more teams benefit from this transformative technology.”
As noted in the update, Capco, a Wipro company, is a global management and technology consultancy specializing in “driving transformation in the financial services and energy industries.”
Capco says that it operates at the intersection of business and technology by combining “innovative thinking with industry knowledge to fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector.”
