Zaki Gabe-Wilkinson, having gained foundational experience in institutional finance at Citigroup and Morgan Stanley, has been instrumental in reshaping the role of the Chief Financial Officer through artificial intelligence. His journey into this transformation intensified during his tenure at Multiverse, an edtech company, where he noticed a recurring issue—finance professionals were bogged down by repetitive, manual tasks that detracted from more strategic initiatives. This observation inspired him to co-found Gekko AI in 2024, a London-based enterprise focused on developing AI software designed specifically to automate core financial planning and analysis (FP&A) functions.

Gekko AI aims to tackle the persistent inefficiencies that burden finance teams, especially in month-end closing processes. Industry benchmarks reveal that around 50% of finance teams take over six business days to close their books, with only a small fraction achieving the highly sought-after three-day close. The slow adoption of AI in finance has been hampered by concerns about data accuracy, compliance, and usability. Gabe-Wilkinson challenges these issues by advocating for AI tools that do not merely add more dashboards but engage in deep reasoning with financial data, delivering human-like precision at much faster speeds.

The platform operates by integrating seamlessly with a company’s existing systems—such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), and Human Resource Information Systems (HRIS)—to extract and organise financial and operational data. It employs large language models (LLMs) to generate detailed variance analyses, historical comparisons, and management-ready summaries which would traditionally require extensive manual effort from finance teams. The founding team, which blends AI researchers from Oxford and Cambridge with finance professionals, emphasises practical utility alongside technical sophistication. Gabe-Wilkinson notes, “We have built Gekko AI with a clear understanding of how finance teams work, not just how software engineers think they should.”

To ensure real-world applicability, Gekko AI engaged 20 mid-sized companies as early adopters, incorporating their feedback to refine its capabilities. This partner-led development model has helped the company achieve rapid revenue growth, with clients—particularly those backed by private equity—reporting enhanced speed and consistency in their financial reporting cycles. Gekko AI has attracted early investment from Entrepreneur First and angel investors specialising in enterprise software, prompting the expansion of engineering and commercial teams in early 2025.

Looking ahead, Gekko AI plans to broaden its product offerings to include advanced tools for forecasting, pricing analysis, workforce planning, and scenario modelling. These enhancements aim to equip CFOs and finance leaders with sharper, faster tools to make proactive, data-driven decisions and ultimately to shift their focus away from routine reporting toward driving business performance. Gabe-Wilkinson stresses, “AI is already capable of analysing code and generating complex business content—producing a financial report is just the beginning.”

This approach is closely aligned with wider industry trends. A Gartner survey highlights that 58% of finance functions now employ some form of AI, marking a dramatic 21-point increase from the previous year. These shifts are part of a broader movement within finance to leverage AI-driven solutions to meet rising expectations for speed, accuracy, and strategic insight.

The rise of AI in financial roles is not unique to FP&A. Other sectors within finance have also embraced AI innovations. For example, AlphaSense, founded by a former Morgan Stanley analyst, uses AI-powered natural language processing to streamline the search and retrieval of financial information, serving hundreds of clients globally, including major financial institutions. Similarly, fintech companies have launched AI agents to automate investment research tasks, improving accuracy and efficiency in market analysis and due diligence. These developments indicate a comprehensive transformation where AI is not only automating routine tasks but also augmenting decision-making capabilities across the financial services landscape.

Meanwhile, AI-driven trading algorithms such as GAM Systematic’s ‘Gekko’ system in bond markets are further exemplifying the integration of advanced technology to replicate and enhance human expertise. Alongside these, banking-specific large language models like Kasisto’s KAI-GPT are facilitating human-like interactions in financial customer service, making complex financial data and regulatory information easier to understand for both bankers and clients.

As CFOs face pressures from shorter reporting deadlines and heightened expectations to deliver actionable insights, platforms like Gekko AI are well positioned to redefine finance operations. By simplifying workflows and unlocking the potential of data, these AI solutions promise to free finance professionals from manual drudgery and enable them to focus on strategic business growth.

📌 Reference Map:

Source: Noah Wire Services