OpenAI Launches ChatGPT for Financial Services With Morgan Stanley and Evercore

OpenAI released a customized version of ChatGPT for the financial services industry on September 10, 2026, called ChatGPT for Financial Services. The product was developed from its enterprise offering ChatGPT Work and uses the company's latest model, GPT-6 Astra, with Morgan Stanley and Evercore participating as design partners. Nick Turley, OpenAI's vice president of product, said the product is used for tasks such as researching companies, analyzing financial data and generating presentation materials commonly used in investment banking. The version initially targets investment banking and equity research.

Compared with ChatGPT Work, the difference lies in direct access to raw data from LSEG, Daloopa and PitchBook, providing the system with financial statements, earnings call transcripts and similar content, and automatically connecting to users' existing data subscriptions. Other features customized for financial scenarios include a citation function that allows users to trace data back to original filings, a chart verification tool, and administrative controls for sensitive deal materials. In a demonstration, Turley showed the platform analyzing a potential merger target, extracting financial data from industry-standard data sources and generating a PowerPoint file according to a bank's preset formatting specifications.

On the business side, OpenAI chief financial officer Sarah Friar told investors in August 2026 that the company's enterprise business revenue had surpassed its consumer business. Turley said OpenAI plans to launch customized solutions for multiple industries beyond financial services, but he did not disclose the names of banks that have signed up to use the version. Anthropic announced its own Wall Street customization, Claude for Financial Services, in 2025.

Turley noted that analysts and bankers typically work 100 hours a week, depending on their industry. He also said reasoning capability remains important, and there is still a need to reason about problems and organize them into arguments.