Millennium and Anthropic to Co-Develop AI-Powered Digital Risk Analyst 

The companies expand work together innovating with Claude. 

Millennium and Anthropic, a leading AI safety and research company, today announced plans to co-develop an AI-powered digital risk analyst, which will seek to augment Millennium’s risk management teams with new AI capabilities. The digital risk analyst is part of a broader effort between the two companies to further deploy Anthropic’s most advanced models across teams at Millennium.  

This work will leverage Millennium’s recently launched internal AI lab and brings together Millennium’s deep investment expertise and rigorous risk management framework with Anthropic’s leadership in developing advanced, safety-focused AI systems.  

Building the Digital Risk Analyst

Anthropic forward deployed engineers will work alongside Millennium technology and risk management teams to build, pilot and optimize the digital risk analyst, a supervised AI teammate designed to inform the decision-making of human risk managers and surface new risk insights across asset classes.  

The digital risk analyst aims to accelerate the analysis of risk positions and bring new reasoning capabilities to help explain daily risk changes. By retaining and recalling information across interactions, the digital risk analyst will interrogate data and form opinions on risk exposure, serving as a powerful complement to human expertise.  

Innovating with Frontier Models

Millennium will also expand testing of Anthropic’s latest frontier models against some of the firm’s most sophisticated work, building on the existing wide adoption of Anthropic tools across the business. In doing so, Millennium will collaborate as a thought partner with Anthropic, providing feedback on how models perform against Millennium’s business needs.  

At Millennium, we believe AI can help set a new bar for what our people can achieve. Our work with Anthropic is a great example of this and shows how AI is driving innovation in core parts of our business while keeping human judgment at the center of decision-making. We are excited to continue our work with an industry leader, finding new ways AI can add value to our business.

Vlad Torgovnik

Chief Information Officer

Financial services requires AI that people can trust in complex, demanding environments. Millennium has been an early adopter of Claude and Claude Code, and our work with its risk teams will show how AI can inform the analysis that risk managers at Millennium make every day.

Belinda Neal

Managing Director, Financial Services at Anthropic

Claude can reason through risk positions, explain daily changes, and carry what it learned into the next question. Millennium’s risk managers will use frontier intelligence to deliver automated recommendations with the goal of saving valuable time.

Peter Nolan

Head of Asset and Wealth Management at Anthropic