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AI·1 min read

Goldman Sachs limits some AI coding tools to engineers only

Goldman Sachs is restricting some AI coding tools to engineers after traders used them to model market moves and create graphic content.

Trading floor screens showing market data at a large investment bank.
Image: techinasia.com

Goldman Sachs is restricting access to some AI coding tools, making them available to its engineers only. The move follows the discovery that some of the bank's traders had been using such tools for their own work.

According to the report, those traders used AI coding assistants to model market moves and to create graphic content. Neither task is traditional software engineering, which suggests the tools had spread well beyond the technology teams they were originally meant for.

Why it matters

AI coding tools let people with little programming experience generate working code from plain-language instructions. On a trading floor, that can mean staff building their own analysis scripts or visuals without involving engineering. For a heavily regulated bank, it also raises questions about oversight, since code written outside normal development processes may not go through the usual reviews.

The restriction shows how large financial institutions are trying to balance fast adoption of generative AI against internal controls. Limiting the tools to engineers keeps them inside teams that work under established development and risk practices.

The details of which tools are affected and how the restriction will be enforced were not provided. Goldman Sachs has not been quoted explaining the decision in the available material.

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Tags:goldman sachsai coding toolswall streetbankingtrading

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