United KingdomFinance and insurance2026 – ongoingHSBC
AI coding assistants for software developers
HSBC reported a 15% coding-time efficiency gain with AI assistants
Problem
HSBC sought to improve efficiency in software development. Coding was one area where it applied generative AI to employees' work.
Approach
HSBC deployed coding assistants used by more than 20,000 developers. The bank reported a 15% efficiency improvement in time spent coding. It did not identify the coding tools or explain the measurement method.
Results
Takeaway
The reported improvement concerned coding time. HSBC did not disclose a corresponding change in total software delivery time.
Categories
- Size
- Large enterprise
- Industry
- Finance and insurance
- Business function
- IT and R&D
- Innovation type
- Process innovation
- AI technology
- Generative AI
- Adoption
- Off-the-shelf tool or platform
- Evidence
- Company's own claim
Sources
Source summaries
HSBC reported coding-assistant use by more than 20,000 developers and a 15% coding-time efficiency improvement. It did not specify the tools or provide the measurement method.
Full details are in the original sources.