RBC Wins IDC Award for AI-Driven Credit Underwriting Transformation
Royal Bank of Canada (RBC) has been recognized as an IDC CIO Awards Canada 2026 winner for its AI-driven credit underwriting transformation program. This achievement reinforces RBC's leadership in intelligent financial services, backed by a decade of innovation investment.
The program uses ATOM, RBC's proprietary foundation model, which was securely trained on large-scale financial datasets. By leveraging this technology, the bank can tailor credit offers to each client's unique circumstances, leading to better decisions and more personalized experiences.
RBC aims to generate $700 million to $1 billion in enterprise value from AI benefits by 2027. The success of its AI-enhanced retail credit underwriting program demonstrates how the bank is translating infrastructure investments into scaled business outcomes.