Data readiness for agentic AI in financial services

Agentic AI (systems that can independently plan and take actions to complete tasks) offers significant potential for financial services, but its success depends primarily on the quality, security, and accessibility of its underlying data rather than the sophistication of the AI itself. Financial services companies must establish centralized, well-indexed, and secure data stores that can be searched and managed at scale, while ensuring all data processes are auditable and explainable to meet regulatory requirements and avoid errors like hallucinations (false or made-up information from the AI).