BMO Financial Group
BMO Financial Group is the eighth largest bank in North America by assets, serving approximately 13 million clients across Canada, the United States, and select global markets. With a nearly 210‑year history, BMO has long focused on applying innovation thoughtfully to strengthen customer experiences, enhance operational resilience, and support sustainable economic growth.
As part of its long‑term commitment to responsible technology adoption, BMO is engaging early with advanced and emerging technologies including artificial intelligence, quantum technologies, machine learning, and data analytics, to better understand their potential applications and implications for the financial services sector. BMO’s approach to AI is grounded in governance, transparency, and human oversight, with a focus on augmenting decision‑making, improving risk management, enabling personalization at scale, and enhancing efficiency, while maintaining trust and regulatory alignment.
Recognizing that the impact of AI and related technologies will be shaped as much by people and institutions as by algorithms, BMO prioritizes collaboration with leading research, industry, and policy organizations.
Through early engagement, experimentation, and cross‑sector collaboration, BMO aims to better understand how advanced technologies may evolve and how they can be applied in ways that are ethical, secure, and inclusive. This forward‑looking, principle‑based approach to AI and emerging technologies is consistent with BMO’s purpose: to Boldly Grow the Good in business and life.
