In an era where digital innovation is essential for success, Citi and Google Cloud are marking a turning point by entering into a strategic alliance. By focusing on cloud computing and artificial intelligence, this collaboration aims to transform Citi’s technological infrastructure and provide enhanced experiences for both employees and clients. With Google Cloud’s Vertex AI platform, Citi is pushing the boundaries of digital solution creation while ensuring optimal security. A bold modernization story is unfolding, ready to disrupt the world of finance.
In a brilliant strategic alliance, Citi and Google Cloud are embarking on a multi-year project aimed at modernizing Citi’s technological infrastructure through the powerful technology of cloud and artificial intelligence. This exceptional collaboration will enable Citi to migrate numerous workloads to Google Cloud’s secure and scalable infrastructure, thereby unleashing unparalleled potential in terms of enhancing digital products and streamlining employees’ workflows.
By utilizing Google Cloud’s Vertex AI platform, Citi is propelling itself into the era of generative artificial intelligence, optimizing tools for developers, document processing, and scanning capabilities. This promising partnership, combining Citi’s banking expertise with Google’s technological forefront, promises to transform the experience not only of Citi’s employees but also its clients. Google Cloud ensures the protection of sensitive data, adhering to strict compliance standards such as PCI DSS and ISO 27001.
Citi and Google Cloud: a strategic alliance to transform technological infrastructure
In a collaboration that promises to reinvent the digital horizons of finance, Citi and Google Cloud have reached a multi-year agreement aimed at modernizing Citi’s technological infrastructure. Through this collaboration, several critical workloads and applications will be migrated to Google Cloud’s secure and scalable infrastructure. Not only does this migration pave the way for accelerated digital transformation, but it also enhances the customer and employee experience through cloud-based applications.
Modernization through artificial intelligence and secure infrastructures
With this innovative partnership, Citi is leveraging Google Cloud’s advanced capabilities to access generative artificial intelligence features through the Vertex AI platform. This means that Citi’s customer service teams will be able to utilize a toolkit of development and document processing tools, thus facilitating deeper digitalization. By embracing this technology, Citi can offer optimized digital products, streamline its employees’ workflows, and adopt high-performance computing platforms to handle millions of calculations daily in its markets business.
A move towards a secure technological future
Google Cloud’s robust and secure infrastructure enables financial institutions like Citi to engage in this digital transformation while ensuring the protection of sensitive data according to the strictest security standards. With a depth-in-defense strategy, it includes multiple layers of security such as data encryption at rest, in transit, and in use with Confidential Computing. The landscape of innovation continues to evolve, and this strategic alliance demonstrates their shared commitment to reinventing the financial services sector through cloud and artificial intelligence technology.
