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Latent Space · Saturday, October 31, 2026

OpenAI Bundles Financial Data In-House After Finding High Error Rates in Third-Party MCPs

Discussing product design decisions, Joseph Kim shared that OpenAI tested third-party MCP connectors and found error rates exceeding 40 percent, leading the company to bring financial data in-house for its finance product.

personJoseph KimcompanyOpenAI

The tape

2 quotes
“What we found was the error rates were really, really high. Some of the MCPs that we connected, some big names, 40% plus error rate on their MCPs, right?”
Joseph Kim
“the only way we can go about fixing this at scale is to bring the data in-house, just control that experience end to end.”
Joseph Kim
Heard on Latent Space — “⚡ Building ChatGPT for Finance — Joseph Kim, OpenAI's Head of Financial Services”, published Saturday, October 31, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via deepinfra · $0.01
OpenAI Bundles Financial Data In-House After Finding High Error Rates in Third-Party MCPs — Heardvine