EVIDENT AI INDEX OCTOBER 2024
The Evident AI Index provides an unrivalled benchmark of AI adoption and maturity throughout the banking sector.
The Index evaluates 50 of the largest banks in North America, Europe, and Asia against 90 individual indicators drawn from millions of publicly available data points.
The benchmark spans four critical pillars of AI capability: Talent, Innovation, Leadership, and Transparency. Collectively, these metrics provide a comprehensive view of the state of play in AI x Banking.
EVIDENT AI INDEX: KEY FINDINGS REPORT
Last Updated: October 2024
The third edition of the Evident AI Index was published in October 2024. Get in touch to review the full rankings and access a customised Diagnostic Report focusing on your bank’s performance profile.
How banks work with us
Use the Evident AI Index to assess your bank's AI maturity against your immediate competitors and aspirational peers.
Bespoke Evident AI Index Diagnostics help banks featured in the Index understand their ranking relative to a customised competitive set:
- Enhance competitive intelligence
- Identify current holders of best practice
- Support the business case for investment in areas of underperformance
- Help define KPIs specific to AI transformation
- Ultimately, inform strategic decision-making with regards to AI
Evident AI Index Diagnostic
Evident AI Shadow Ranking
Evident AI Index Results Preview
Methodology
The Evident AI Index is an "outside-in" assessment based on publicly available data from both company reporting and a range of third-party data sources. It has been built with input from 50+ leading subject matter experts in banking, technology, and benchmarking. Each company is assessed on 90 individual indicators across four pillars of analysis:
Talent
Capability & Development
Innovation
Research, patents, ventures, ecosystem
Leadership
in public communications and strategy
Transparency
of responsible AI activitiesExplore the methodology and rankings in more detail in our Key Findings report.
Evident AI Index Contributors
The Evident AI Index has been built with input from many leading experts in the fields of AI, banking and index building. Each has provided invaluable guidance and expertise on the index methodology.
Maria Axente
Responsible AI Lead, PwC
Azeem Azhar
Founder, Exponential View
David Brierwood
Former COO, MSCI, Chairman of the Board, Rimes, Chairman, Acamar Films
Niall Cameron
Founder, FinTechConnex & FinTechAxis, Former Global Head, Corporate and Institutional Digital, HSBC
Jacomo Corbo
Co-CEO, PhysicsX (Incoming), Chief Scientist, Quantum Black, Partner, McKinsey & Co
Tom Davenport
Distinguished Professor, Babson College
Ray Eitel-Porter
Managing Director and Global Lead for Responsible AI, Accenture
Mark Esiri
Founder, Chairman, Venrex Investment Management LLP
Kay Firth-Butterfield
Head of AI and Machine Learning, World Economic Forum
Mattias Fras
Group Head of AI Hub, Nordea
Sarah Gadd
Head of Data Platforms and AI Solutions, Co-Head Chief of Technology Office (ad interim), Credit Suisse
Scott Galloway
Professor of Marketing, New York University, Co-host, Pivot podcast
Gary Ginsberg
Former Executive Vice President, Time Warner
Tabitha Goldstaub
Chair AI Council & Exec Director, Innovate Cambridge
Tim Gordon
Partner, Best Practice AI
Dimitri Goulandris
CEO, Cycladic
Rajesh Iyer
Global Head of ML & Generative AI for Financial Services, Capgemini