A team of engineers saved Morgan Stanley more than 280,000 hours this year. The bank says their tool won't take jobs.

Members of the DevGen.AI team included Thomas Mathew, Saket Garud, Vamsi Nallamouthu, Vivek Agrawal, Kumar Vadaparty and Kallol Duttagupta

Morgan Stanley

• The newly patented DevGen.AI tool was developed in-house and released in January.
• The bank says it's saved almost 300,000 hours this year alone, but won't replace developers' jobs.
• DevGen.AI solves a long-standing headache for coders within and beyond Morgan Stanley.

During a Morgan Stanley hackathon at the end of 2023...