Citi Transforms Audits with IBM Watsonx.ai

Citi, a global financial services leader, is exploring the transformative potential of IBM Watsonx.ai to revolutionize its internal audit processes. With a mission to provide trusted financial services that enable growth and economic progress, Citi recognizes the immense possibilities presented by large language models (LLMs).

Marc Sabino, Head of Innovation, MD, at Citi Internal Audit, envisions a game-changing use case: leveraging LLMs to seamlessly connect internal controls with company policies and regulatory requirements. This innovative approach promises to streamline compliance efforts and enhance operational efficiency.

By custom-building AI solutions with watsonx.ai, Citi aims to unlock new levels of precision and automation in its risk management and compliance functions. This strategic move will enable Citi to better serve its clients while upholding the highest standards of regulatory adherence.

Value Results:

• Enhanced regulatory compliance through AI-powered connection of controls, policies, and regulations.

• Streamlined internal audit processes, leading to improved efficiency and accuracy.

• Better risk management by leveraging AI to identify and mitigate potential issues.

• Increased operational efficiency through automation of key compliance tasks.