Home Deals ANZ Bank implements Google Cloud

Australia’s ANZ Bank has implemented Google Cloud as part of a move to enhance its data and analytics capability.

The deployment by the ANZ, one of Australia’s big four banks, utilises cloud technology to accelerate data-driven business insights to institutional customers.

The deployment follows a successful proof-of-concept which used the cloud technology to analyse aggregated, de-identified data sets for customer insights, a task previously done manually.

“Increasingly, our Institutional customers are looking to us for strategic partnership in addition to the financial products and services we offer. The cloud based platform can give our bankers meaningful data insights instantly – as it allows us to process data 250 times faster,” says ANZ head of Data and Digital, Institutional, Joss Raines.

“Over time we can help customers make informed business decisions more quickly on issues like liquidity, risk and cash management, or strategic calls like store locations, inventory and market positioning.”

Google Cloud country director, Australia and New Zealand, Colin Timm, said: “We are delighted to be working with ANZ on their innovation journey to help deliver a better experience for customers.

“Our teams are collaborating to deliver value across the Google Cloud Platform, with focus on where it matters most for customers in analytics, application development capabilities and machine learning to accelerate innovation across the bank.”

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

 

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