OpenAI launches ChatGPT for Financial Services

OpenAI launched ChatGPT for Financial Services, a finance-focused ChatGPT Work offering. It combines GPT-6 Astra with built-in financial data and tools for research, modeling, and client materials.

The product is available to eligible financial institutions through OpenAI sales or existing account teams. OpenAI did not publish pricing, contract terms, detailed eligibility rules, customer rollout numbers, or a self-service access route.

Morgan Stanley and Evercore served as design partners, OpenAI said. OpenAI said the initial focus is investment banking and equity research. OpenAI presents the service as a single workspace for multi-source research, valuation analysis, leveraged-buyout modeling, buyer screening, earnings analysis, charting, pitchbook preparation, and production of documents, spreadsheets, and slides.

The launch adds another industry-specific deployment alongside OpenAI’s Epic integration for ChatGPT for Healthcare.

Financial data inside the workspace

OpenAI lists Daloopa, PitchBook, LSEG News, and Crunchbase among the built-in premium data providers. The material can include earnings transcripts, financial statements, company fundamentals, and private-company data. Daloopa said its integration makes select fundamental data and key performance indicators native to the product, with links back to their sources.

OpenAI said it indexes and hosts built-in provider data on its infrastructure to improve retrieval speed and provide granular citations to source tables and passages. The company is also working on shared sign-in and entitlement integrations for customers’ existing subscriptions with S&P Capital IQ, LSEG, MSCI, Dow Jones Factiva, and Moody’s. It did not give provider-by-provider launch dates for those integrations. OpenAI said the broader product ecosystem has more than 50 connectors, including Datasite, Box, Preqin, FactSet, and Intapp.

Firm templates and controls

Administrators can publish Excel, Word, and PowerPoint templates through a dedicated admin page. OpenAI said teams can use those templates and their firms’ style guides to generate valuation models, research notes, and pitchbooks.

The service builds on ChatGPT Enterprise controls, including SAML single sign-on, SCIM user provisioning, role-based access, configurable data retention, management of skills and app actions, separate workspaces for information barriers, and export of supported workspace logs through the OpenAI Compliance Platform. OpenAI says customer business data is encrypted at rest and in transit and is not used to train its models by default. The opened sources did not independently audit those product claims.

OpenAI did not provide complete benchmark results or methodology for independently evaluating accuracy, retrieval quality, latency, or workflow productivity.