Eurobank, in a strategic partnership with Fairfax Digital Providers, has launched a landmark AI initiative supported by EY and Microsoft to speed up its AI-powered transformation. The undertaking will see the launch of a “next-generation AI manufacturing unit” to industrialise AI improvement and quickly deploy options that drive operational effectivity and superior buyer experiences.
This initiative brings collectively world know-how leaders and monetary companies specialists to place Eurobank as a primary mover within the adoption of agentic AI throughout the banking sector throughout Southern Europe. Agentic AI refers to techniques that may act with autonomy, studying and adapting to ship clever outcomes, which represents a major leap past conventional automation.
A brand new blueprint for AI-powered banking
Eurobank will work intently with the EY AI & Information Centre of Excellence in Greece to develop a scalable, automated system to embed agentic AI into its core banking operations, transferring from pilot packages to real-world influence.
The “AI manufacturing unit” might be constructed on the EY.ai Agentic Platform and leverage Microsoft Azure, all powered by NVIDIA-accelerated computing. This may allow Eurobank to scale clever techniques that drive effectivity, agility, and hyper-personalised buyer experiences.
Stavros Ioannou, deputy chief government officer at Eurobank SA, said: “This undertaking marks a pivotal second in our AI journey. By working with Fairfax Digital, EY and Microsoft, we’re harnessing next-generation applied sciences to rework how we function and serve our shoppers. This initiative strengthens Eurobank’s position as a digital pioneer in Southern Europe and displays our dedication to technological progress and sustainable financial progress in Greece – not only for in the present day, however for the way forward for banking.”
Shifting from automation to “Return on Intelligence”
Fairfax Digital Providers will act because the orchestrator and architect of the AI manufacturing unit, bringing collectively its monetary experience and AI engineering capabilities to allow real-time choices and optimise operations.
Sanjay Tugnait, president & chief government officer of Fairfax Digital Providers, commented: “AI is redefining ROI as Return on Intelligence, a shift from automating duties to constructing agentic AI techniques that may cause, study, and act with autonomy. Each era witnesses a defining leap. We could be the final to handle solely people – the following era will information each people and digital staff. Eurobank stands on the forefront of that transformation.”
The collaboration is seen as a basic shift towards clever operations and decision-making at scale, positioning agentic AI as a important lever for aggressive benefit within the monetary companies business.
Omar Ali, EY world monetary companies chief, stated: “Agentic AI has emerged as a important lever for aggressive benefit, enabling banks, insurers and asset managers to maneuver from automation to autonomy – driving pace, precision, and transformative influence. This work will help Eurobank’s subsequent era of change, bringing deep, cross-border sector experience and extremely smart AI capabilities collectively to rework their operations and buyer choices.”
Yanna Andronopoulou, common supervisor for Microsoft Greece, Cyprus & Malta, added: “Greece is quickly rising as a dynamic hub for synthetic intelligence and digital innovation… By leveraging the trusted, safe basis of Microsoft Azure and our world experience, we’re serving to to unlock new alternatives for progress, effectivity, and buyer expertise.”
