Morgan Stanley Opens Stock Administration Platforms to Client AI Agents
New York — In a significant move toward automated corporate finance, Morgan Stanley will allow client AI agents to directly interact with its stock administration platforms, ShareWorks and Equity Edge, bypassing traditional user interfaces.
"The goal is for corporate clients to interact with Morgan Stanley's platforms through AI agents rather than manual logging in."
— Mark Mitchell, Chief Product Officer, Morgan Stanley at Work
Early adopters and rollout. The bank has already provided early agentic access to a handful of clients. The firm plans to extend the capability to all 3,400 administration clients by next year.
Strategic context. In April, Morgan Stanley executives reported $1.2 trillion in assets under administration attributed to its workplace strategy. This positions the bank to leverage that scale through automated, agent-driven interactions.
Competitive landscape. Rivals JPMorgan Chase and Goldman Sachs are using AI agents internally for tasks like writing code. However, neither has publicly announced plans to allow external agents to connect directly to their systems, giving Morgan Stanley a potential first-mover advantage in external-facing agentic finance.