Oracle Financial Services launches AI agents for corporate banking
Oracle Financial Services announced the expansion of its artificial intelligence platform to include specialized agents for corporate banking operations. The company introduced AI capabilities designed to automate processes in treasury, trade finance, credit, and lending functions.
The platform features multiple AI agents that handle specific banking tasks. In corporate credit, the system includes a Loan Data Extraction Agent that processes lengthy corporate loan contracts and converts information into machine-readable formats. A Financial Data Extraction Agent pulls metrics from financial statements, while a Loan Data Validation Agent cross-verifies extracted data against source documents.
For trade and supply chain finance, Oracle developed an Application Validator Agent that reviews Bank Guarantee applications and checks for completeness and non-standard clauses. The SCF Program Creation Agent analyzes sales contracts and creates supply chain finance program structures.
"Corporate banking runs on precision, resiliency, and trust," said Sovan Shatpathy, senior vice president of product management and development at Oracle Financial Services. "Our AI-powered platform embeds intelligence directly into mission-critical processes, accelerating decisions and strengthening governance so banks can serve clients with greater speed and confidence."
Oracle stated it plans to release hundreds of corporate and retail banking agents within the next 12 months. The platform maintains human oversight through what the company describes as a "human-in-the-loop" approach for governance and ethical considerations.
The announcement was made at the Financial Services Summit in London. Oracle Financial Services positions the technology as a solution to help banks transition from manual operations to automated, data-driven systems.
