RBC's proprietary AI foundation model for financial services aims to enhance personalized client experience

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RBC's proprietary AI foundation model for financial services aims to enhance personalized client experience /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } .prnml40{ MARGIN-LEFT:3.33em !IMPORTANT } .prntac{ TEXT-ALIGN: CENTER } Canada NewsWire ATOM informs business and client transactions, bridging banking and language TORONTO , July 29, 2025 /CNW/ - Royal Bank of Canada (TSX: RY) (NYSE: RY) today announced that its proprietary ATOM (Asynchronous Temporal Model) foundation model for financial services enables the bank to leverage unique insights and develop innovative solutions for RBC within a responsible AI framework for financial services. Created by RBC's research institute, RBC Borealis, ATOM was securely trained using large-scale financial datasets including billions of client financial transactions, providing it with a unique breadth of knowledge in financial services. ATOM is part of RBC's Lumina data platform which systematically collects and curates RBC event data along all business lines and enables AI scientists to process up to 10 billion transactions per minute. As a foundation model, ATOM has deep financial expertise that can be used across a variety of banking tasks. Several RBC products and services currently use ATOM's capabilities. ATOM will play a central role in RBC's previously stated bold ambition to achieve $700 million to $1 billion in enterprise value generated from AI-driven benefits by 2027 through several AI products and services across all lines of business. And it all takes place in a responsible AI framework that meets regulatory requirements and ensures the data never leaves RBC control. "ATOM represents the future of banking at RBC," said Foteini Agrafioti, SVP and Chief Science Officer, RBC. "It helps to personalize products and services at an individual level and enables us to more deeply understand our clients' individual circumstances. As such, we will be able to tailor our services for each client and fully utilize the breadth and insights of RBC data while maintaining privacy and security." RBC's reputation as a leader in this transformative technology after almost one decade of investme...

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