Generative AI and multi-modal agents in AWS: The key to unlocking new value in financial markets

Multi-modal data is a valuable component of the financial industry, encompassing market, economic, customer, news and social media, and risk data. Financial organizations generate, collect, and use this data to gain insights into financial operations, make better decisions, and improve performance. However, there are challenges associated with multi-modal data due to the complexity and lack of standardization in financial systems and data formats and quality, as well as the fragmented and unstructured nature of the data. Financial clients have frequently described the operational overhead of gaining financial insights from multi-modal data, which necessitates complex extraction and transformation logic, leading to bloated effort and costs. Technical challenges with multi-modal data further include the complexity of integrating and modeling different data types, the difficulty of combining data from multiple modalities (text, images, audio, video), and the need for advanced computer science skills and sophisticated analysis tools.

One of the ways to handle ...