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326 Morgan Stanley Says Its AI Tool Processed 9 Million Lines of Legacy Code This Year And Saved 280,000 Developer Hours

Slashdot
msmash @ Slashdot · 06/04/2025 09:00 EDT

Morgan Stanley Says Its AI Tool Processed 9 Million Lines of Legacy Code This Year And Saved 280,000 Developer Hours

Morgan Stanley has deployed an in-house AI tool called DevGen.AI that has reviewed nine million lines of legacy code this year, saving the investment bank's developers an estimated 280,000 hours by translating outdated programming languages into plain English specifications that can be rewritten in modern code.

The tool, built on OpenAI's GPT models and launched in January, addresses what Mike Pizzi, the company's global head of technology and operations, calls one of enterprise software's biggest pain po

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