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.
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.”