Live data from Hacker News

Claude for Financial Services

anthropic.com

21–30 of 118 posts

Re: Claude for Financial Services

#21
post #11
post #9

Earlier quoted context omitted.

Investment firms aren't known to advertise or resell their secret sauce. AI has been used in trading in some form or the other for close to 40 years now.

Sorry, didn't mean front office trade tools. But everything else.

What do you mean by front office trade tools? neural networks, predictive models and fancy pants math has been used in trading stocks for 40 years. That's what the Medallion Fund is based on and it generates bonkers returns.

I feel that what was missing is exactly AI front office trade tools. The trading pros who wanted a black box investing style, i.e: the math says buy stock X so buy stock X, have had the option to do that with the knowledge that it's extremely effective based on the Medallion Fund returns. That's compared to a more traditional Warren Buffet-like style of valuing a business or even a more Michael Burry-like style of finding missed gaps for a collapse.

What was missing all these years is what this is. A way for someone who doesn't know much about investing (or doesn't have the time) to "just past data there and ask it is this a good investment" like other esteemed HN members mentioned they are doing.

Re: Claude for Financial Services

#22
The more and more AI projects I see both at work and online, the more convinced I'm that I should treat AI as an application interface, that's all.

It's a slightly different modality for the application. Nothing AI does wasn't possible before. You could always "create a price performance chart showing a stock's movement with key events annotated since May". You could also always buy dozens of software that will not just give you all the charts you could possible think of, but any one that you could even dream of. Check tradingview.com or koyfin.com for a taste of what a "free" offering can give you. Then imagine what the 100k software gives you.

The difference is the interface. You'll 100% need someone onboarding on their 100k custom trading platform. It might take you months to master it if you never saw one of these things before. Once you have learned it though, your productivity and velocity is expected to significantly increase.

Now with the AI interface, you don't need someone onboarding you or months to learn. You can ask the AI to "build a benchmarking analysis against Velocity's athletic footwear comps" instead of learning how to learning how to use the software to create such a thing. Maybe you never saw financial analysis software before, but you spent the last 20 years analysing financials by hand (in 2025 for some reason) and now you wanna onboard to a financial software. You don't need to "learn" anything. Just describe your thoughts to the AI and it figures the interface for you.

How transformative was that for you? I don't know. Maybe your financial analysis tool is as big of a piece of shit as Reactjs is and it's mind-numbingly tedious to generate such report. "It's just a 75 clicks that you have to do" and the AI interface saves you from doing that like it saves me from using React's shitty interface (text editor) to write garbage react components that are all just a copy of each other.

Re: Claude for Financial Services

#24

The more and more AI projects I see both at work and online, the more convinced I'm that I should treat AI as an application interface, that's all. It's a slightly different modality for the application. Nothing AI does wasn't possible before. You could always "create a price performance chart showing a stock's movement with key events annotated since May". You could also always buy dozens of software that will not j…

I've been thinking that for some time. Its a "looser way" to describe what you want as a different modality; a dynamic interface if you will. Even with code editors I've found its good to generate a lot of volume, but the detail still needs iteration or going back to direct instruction (i.e. code/clicking/etc). That applies to any artifact where iteration and validation is required to get it right. Instead of deterministic clicking and having to instruct every detail you can describe in "vague english" and the 80%/20% rule applies. Definitely an acceleration/leverage and a smaller learning curve.

Re: Claude for Financial Services

#26
post #23

Why is Anthropic focusing on vertical solutions? Shouldn't they just be trying to be the best horizontal platform everyone builds on top of?

In the BERT era of language models, it was normalized that to get the best performance for a task, you probably needed targeted post-training

As models got bigger and instruction following got better, everyone jumped on the general capabilities of the model + prompting

We're approaching wall that needs to be overcome with a completely new and unheard of breakthrough, otherwise we're going to have to go back to specialized post-training (which lends itself to vertical solutions)

I think people are seeing that now with stuff like Devstral being posttrained specifically for OpenHands and massively over-performing for its size at agentic coding

Re: Claude for Financial Services

#27
The scope of financial services is pretty broad right. And it's not always about the raw data. So much of it seems to be 'how do we tell the story we want to tell with the numbers we have'. I say this as someone who hangs out with people that work with the big 4 but honestly I have little clue about the day to day. They seem to do analysis, the client will say that doesn't vibe with what they want to tell shareholders, and they will go back and forth to come up with something in the middle.

Re: Claude for Financial Services

#28

FWIW, OpenAI has an offering called “Solutions for financial services”: https://openai.com/solutions/financial-services/

Why are both AI giants choosing to pay attention specifically to this space out of all other spaces they could choose to focus on?

Re: Claude for Financial Services

#29

Anthropic just dropped “Claude for Financial Services” -New models scoring higher on finance specific tasks -MCP connectors for popular datasets/datastores including FactSet, PitchBook, S&P Global, Snowflake, Databricks, Box, Daloopa, etc This looks a lot like what Claude Code did for coding: better models, good integrations, etc. But finance isn’t pure text, the day‑to‑day medium is still Excel and PowerPoint.Curiou…

> Analysts live in nested spreadsheets

Let's put a terminal pane in Excel!

Post reply on HN