New York, NY — October 15, 2026 — Farsight is partnering with Ornn, which builds financial markets for compute, to give banks and other financial institutions a way to run AI models in their own environment. Farsight runs on top of GPU capacity sourced through Ornn, so bankers can apply AI to the firm’s proprietary data and prior work while sensitive information stays within the institution.
Most banks access AI through a small number of hosted model providers, which leaves them reliant on those providers for pricing, capacity and product direction. Banks that want to run models themselves have to start with compute, and GPU capacity has historically been difficult to procure and difficult to price. At the same time, some of a bank’s most valuable data, including sensitive client information and deal pipeline details, often can’t be sent to an external model at all.
Through the partnership, banks get access to sourced GPU capacity through Ornn Compute and to pricing data from the Ornn Compute Price Index (OCPI), a daily GPU price index built from transacted deals. Running on that capacity, Farsight works with multiple models rather than relying on a single provider, and learns each team’s templates and standards so pitch books, memos and models reflect the firm’s house style.
“Today, a bank that wants to reduce its dependence on a single model provider has few practical alternatives,” said Samir Dutta, Co-Founder and CEO of Farsight. “Working with Ornn, we can offer institutions a solution, with models running on compute in their own environment and producing pitch books, memos and models grounded in the firm’s own work.”
“Financial institutions want clarity on what they pay for compute today and the risks they take on as their AI needs grow,” said Wayne Nelms, Co-Founder of Ornn. “Working with Farsight, we’re helping banks connect how they use AI with the cost and availability of the compute behind it, so they can make informed decisions today and plan for their exposure tomorrow.”
Generic AI is quickly becoming table stakes in banking, and many financial institutions are moving toward on-premise deployment to get AI they can trust with high-stakes client work. The partnership builds on Farsight’s on-premise deployment at Deutsche Bank, announced earlier this week, and extends that same model to the compute layer. Farsight and Ornn plan to work jointly with financial institutions, beginning with those looking to bring more of their AI capabilities in-house.
Read the press release: Globe Newswire
About Farsight
Farsight is firm-native AI for financial services built around each firm’s data, precedent, templates, and standards. The platform can run partially or completely within a firm’s own technology environment, helping teams apply AI to sensitive workflows while keeping firm-specific data, context and judgment within the institution. Teams use Farsight across its web interface, PowerPoint, Excel, Word, and email to produce client-ready pitch decks, CIMs, memos, and financial models faster. Headquartered in New York City, Farsight works with leading firms across investment banking, private equity, and corporate development.
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