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Evident AI Index

The first independent benchmark of AI maturity in business, based on an outside-in assessment of publicly available information.

EVIDENT AI INDEX RANKINGS

The Evident AI Index assesses the various approaches businesses are taking towards AI readiness, starting with banks.

As of January 2023, the Index covers the largest 23 banks in North America and Europe. Each bank is assessed on 143 individual indicators drawn from millions of publicly available data points.

Company
Rank Score
Score
JPMorgan Chase
62.6
Royal Bank of Canada
41.4
Citigroup
39.0
UBS Group
38.6
Wells Fargo
38.0
Toronto-Dominion Bank
37.9
ING Groep
37.6
Bank of America
37.4
BNP Paribas
34.4
Morgan Stanley
33.5
Goldman Sachs
33.1
Deutsche Bank
31.8
HSBC
31.6
Banco Santander
31.3
Société Générale
31.2
Barclays
30.3
NatWest Group
28.3
Lloyds Banking Group
27.9
Intesa Sanpaolo
25.9
UniCredit Group
21.9
Crédit Agricole
21.1
Crédit Mutuel
20.1
Groupe BPCE
16.1
We synthesise data from the Evident AI Index into clear intelligence that helps our members to understand, compare and monitor the latest AI developments in banking.

HOW IT WORKS

The Evident AI Index is an “outside-in” assessment based on publicly available data from company reporting and a range of third party data sources. It has been built with input from more than 50 leading AI and banking experts.

Each company is assessed on 143 individual indicators across four pillars:

Pillar
Weighting
Talent Pillar
Talent
Capability & Development
40%
Innovation Pillar
Innovation
Research, patents, ventures, ecosystem
30%
Innovation Pillar
Leadership
in public communications and strategy
15%
Innovation Pillar
Transparency
of responsible AI activities
15%
Explore 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

Bill Helman

Partner, Greylock

Tom Hurd

CEO, Zeki, Former Director General, UK Homeland Security, Founder, Joint Biosecurity Centre

Benjamin Larsen

AI/ML Project Lead, World Economic Forum

Sebastian Mallaby

Paul A. Volcker Senior Fellow, International Economics, The Council on Foreign Relations

Jayant Narayan

AI & ML, Centre for the Fourth Industrial Revolution Network, World Economic Forum

Jason Pontin

Partner, DCVC

Tomi Poutanen

CEO, Signal 1, Former Chief AI Officer, TD Bank

Tom Reichert

CEO, ERM Group, Former Global Leader of DigitalBCG, Boston Consulting Group

Rob Rooney

CEO, Hyper Jar, Former Senior Advisor, Former Global Head of Technology, Morgan Stanley

Stuart Russell

Professor of Computer Science, UC Berkeley

Robin Saunders

CEO, Clearbrook Capital

Karen Silverman

CEO, Founder, The Cantellus Group

Patrick Steel

Former CEO, Politico

Minesh Tanna

Partner and Global AI Lead, Simmons & Simmons

Read the key findings report

Download the January 2023 Key Findings report to explore the rankings in more detail and dig deeper into the methodology.

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