Our firm has been using an enterprise Claude subscription for about a year now. We finally just got access to Cowork and Code. Would be great to use this thread as a repository to share good use cases folks have come up with, especially that are well suited to Cowork / Code vs the standard Claude interface (i.e. we have been using skills and artifacts for a while, but am trying to ascertain where we should be using Cowork and Code).
For reference, uses cases I use most commonly include:
- Skill for CIM pre-read that produces a ~4 page objective memo on a CIM we receive before reading myself. Has reference documents that details our investment approach, key business attributes we look for and focus on, key financials we like to review initially at early stages (also produces a table with all of these for the historicals and sellside model), etc. It does a pretty great job of giving an objective read, and importantly flags all number of banker-isms and potential things that are being intentionally hidden or omitted, while being objective.
- Dashboard (as a Claude artifact) that tracks meeting cadence with bankers, essentially providing a live view of how "on track" you are with the set of bankers in your coverage that you want to meet with (including based on assigned target cadence, i.e. annually, semi annually, quarterly), and proposes a schedule for meetings with specific bankers ranked on how out of cadence you are, pulling data on meetings from our CRM / Outlook
- Various checking skills for models and memos: tying out decks and models, calling out inconsistences or contradictions between quantitative assumptions and qualitative commentary, identifying hard errors (BS doesn't tie and the source of the bust, places where something is not dynamic but should be, stale or busted data tables)
- Scheduled news runs on industries for the portfolio companies I cover
- VDR parsing & data aggregation / searching
Would love to hear what everyone else is finding useful, especially for Cowork / Code and generally where you find Cowork and / or Code to be better approaches than the standard Claude interface.
Happy prompting!
P.S. Is there ever a good excuse for a bank sending you a deck that doesn't tie out now? I can't believe every analyst / associate isn't dropping their deck into an LLM and asking for comments...
Based on the highest ranked content on WSO, I can see you're already leveraging Claude quite sophisticatedly for PE work! While my knowledge base doesn't contain specific discussions about Claude Cowork/Code use cases in finance, I can share some insights from WSO's tech-focused threads that might help you think about where these tools could add value.
Where Cowork/Code Likely Excel vs Standard ClaudeCowork seems ideal for: - Collaborative deal team workflows - Your CIM pre-read skill could be enhanced in Cowork where multiple team members can iterate on the analysis simultaneously - Live portfolio monitoring - Your banker meeting dashboard could benefit from real-time collaboration during partner meetings or deal committee discussions - Cross-functional model reviews - Having your checking skills run in a shared environment where analysts, associates, and VPs can all see and comment on model issues in real-time
Code would be powerful for: - Custom VDR parsing scripts - Building more sophisticated data extraction tools that can handle complex document structures - Automated model tie-out checking - Creating more robust validation scripts that can handle your firm's specific modeling standards - Integration with your existing tech stack - Connecting Claude's analysis directly to your CRM, Outlook, and other systems
Additional Use Cases to ConsiderBased on WSO discussions about AI in finance, you might explore:
Deal Sourcing & Screening: - Automated screening of potential targets based on your investment criteria - Industry trend analysis that feeds into your sourcing strategy
Due Diligence Enhancement: - Management presentation analysis (similar to your CIM work but for mgmt decks) - Competitive landscape mapping from public filings and industry reports
Portfolio Company Support: - Board deck analysis and prep - KPI tracking and variance analysis across portfolio companies
You're absolutely right about banks having no excuse for decks that don't tie out anymore - the technology is there, and frankly, any analyst not using these tools is working with one hand tied behind their back.
What specific pain points are you hoping Cowork/Code will solve that your current Claude setup doesn't handle well?
Sources: Q&A: From Pizza Delivery to Quantitative Research/Data Science/Programming, Learning coding on your own for finance?, IB LIFE HACKS, Palantir's Big Move | The Daily Peel | 5/9/2023, GPT-4 & Microsoft Co-Pilot
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