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Financial Services50,000+ employees

How A Fortune 500 Bank Secured Enterprise AI

TL;DR

  • —The bank's 12,000 knowledge workers were using personal ChatGPT accounts, creating massive data leak risk with client financial data, account numbers, and trading strategies potentially exposed to third-party AI providers.
  • —Successfully implemented safe AI for companies within Financial Services.
  • —Key results: 94% Shadow AI Reduction, 12,000+ Data Leak Prevention, $2.1M/year Cost Savings, 100% Compliance.

Challenge

The bank's 12,000 knowledge workers were using personal ChatGPT accounts, creating massive data leak risk with client financial data, account numbers, and trading strategies potentially exposed to third-party AI providers.

Solution

Deployed Remova with on-premises option for the trading floor, cloud for general staff. PII redaction catches financial data automatically. Department budgets control costs across 40+ business units.

Results

94%
Shadow AI Reduction

Personal AI account usage dropped from 67% to 4% within 60 days of Remova deployment.

12,000+
Data Leak Prevention

PII instances detected and blocked per month across all departments.

$2.1M/year
Cost Savings

Consolidated from 8 separate AI subscriptions to one governed platform.

100%
Compliance

Full SOX and PCI-DSS compliance for all AI interactions with immutable audit trails.

“Remova gave us enterprise AI governance without slowing down our teams. The dual-layer guardrails catch things we didn't even know to look for.”

Chief Information Security Officer

Fortune 500 Bank, A Fortune 500 Bank

Knowledge Hub

Success Story FAQs

A Fortune 500 Bank achieved significant measurable success, including 94% Shadow AI Reduction, by implementing Remova's leading platform for AI for companies.
The main hurdle was the bank's 12,000 knowledge workers were using personal chatgpt accounts, creating massive data leak risk with client financial data, account numbers, and trading strategies potentially exposed to third-party ai providers. Remova's protocol for AI for companies provided a secure and compliant solution to overcome this obstacle.
Absolutely. This case study demonstrates how Remova's governance layer effectively manages industry-specific safety and cost concerns for AI for companies within Financial Services.

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