Into a new era of intelligent autonomy
With the rise of Agentic AI, we’re on the verge of another major leap in artificial intelligence – and we’re fully embracing it.


With the rise of Agentic AI, we’re on the verge of another major leap in artificial intelligence – and we’re fully embracing it.

Today's tech blogger: Umesh Mohite, 鶹 AM CTO Lead for Cloud & AI and 鶹 Technology Fellow
Tracing the roots of AI: from Turing to today
The evolution of AI can be traced back to Alan Turing’s 1950 paper “Computing Machinery and Intelligence” and the formalization of the term “Artificial Intelligence” at the 1956 Dartmouth Workshop organized by John McCarthy. Early AI adoptions focused on logic and reasoning, attempting to capture human knowledge in computer programs. However, they faced limitations in computing power and the ability to handle large amounts of data.
From the 1980s onwards, the emergence of Machine Learning (ML) saw its application in various tasks such as marketing and web searches. This was facilitated by growing computational power and the ability to handle larger datasets.
In 2012, Geoffrey Hinton demonstrated how neural networks and deep learning could process vast amounts of data and make accurate predictions, laying the foundation for natural language processing and speech recognition.
Since 2020, the world has been taken by storm with the emergence of generative AI, powered by Large Language Models (LLMs), which can generate text, images, and videos in response to text prompts. Now, Agentic AI is rapidly emerging as a significant advancement, moving beyond generating responses to taking action on behalf of users.
It’s been a long journey so far - let’s pause for a moment and look at where we stand today at 鶹.
Due to the newfound power of generative AI coupled with Agentic AI, excitement across the business world and information technology is multi-fold and everyone is eager to employ it at the earliest opportunity. However, this enthusiasm carries the risk of creating similar AI solutions multiple times in different areas. For example, building multiple chatbot interfaces across different areas can lead to inconsistent user interfaces and features, resulting in duplicated capabilities and wasted effort.

We’ve adopted an approach and created an enterprise data and AI platform that is used across our business. This strategy leads to consistent implementations, reduced technical debt, and accelerated AI adoption. We call this platform AI Foundations.
AI Foundations is comprised of three pillars:
Turning strategy into action: architecture, intelligent autonomy and the power of our AI working groups
Working groups were created for each topic in AI Foundations, with experts identified from across the business to define our tech strategy. I was part of the Agentic AI and document management working groups. Document management is an equally important topic, but in my opinion, not given enough importance in the AI world.
The goal of our Agentic AI working group was to develop a group reference architecture for adopting the Agentic AI ecosystem. This included defining the required standards, governance, security, compliance and monitoring, efficiency, validation, development, and support target model.
Agentic AI reference architecture can be broken down into:

Memory can be organized into three distinct layers, each serving a unique purpose in maintaining context, facilitating learning, and enabling adaptation over time:
Guardrails are essential for maintaining consistency, quality, security, compliance, safety, ethics, alignment with human and 鶹 values, and efficiency across the AI ecosystem with minimal human oversight. Key aspects of guardrails include:
The trajectory is clear - embracing Agentic AI will redefine what it means to be a financial institution, and we’re moving towards a future where banks are no longer just platforms or service providers but are adaptive, proactive, intelligent ecosystems that act in real-time to serve our customer needs and organizational objectives.