OpenAI on Thursday introduced ChatGPT for Financial Services, a version of its enterprise product built to research companies, analyze financial data and produce the client presentations that investment banks run on. The tasks it performs out of the box — comparable-company analysis, LBO modeling, buyer screening, earnings analysis, pitchbook preparation — are the tasks Wall Street has assigned to its youngest employees for decades.

The product is a tailored build of ChatGPT Work developed with Morgan Stanley and Evercore as design partners, according to Nick Turley, OpenAI’s vice president of product. It runs on GPT-6 Astra, the company’s newest model.

What Is Different About This Version

The distinction from the base enterprise product is data. ChatGPT for Financial Services ships with native access to financial statements, earnings transcripts, company fundamentals and private-company data from LSEG, Daloopa, PitchBook and Crunchbase, plus automated access to a firm’s existing data subscriptions.

Every figure carries a citation that traces back to the source filing, charts can be audited against the underlying numbers, and administrators get controls for sensitive deal materials.

In a live demonstration, Turley had the system evaluate a potential M&A target, pull the relevant figures and produce a formatted PowerPoint deck in the bank’s own template. The hard part, he told reporters, was not making slides that look good but making slides that make sense: the model had to select the right........

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