Companies plan to sign a multi-year contract within the next few months
Deutsche Bank and Google Cloud will form a strategic partnership aimed to redefine how the bank develops and offers its financial services.
The partnership will not only provide cloud services to Deutsche Bank but also enable co-innovation between both companies.
Besides, the bank will accelerate its cloud shift and transform its IT architecture thus gaining more value for its clients.
With this partnership, Deutsche Bank will also gain direct access to data science, AI, and machine learning to better serve customers.
Potential use cases include helping treasury clients with cash flow forecasting, improved risk analytics, and advanced security solutions to protect clients’ accounts.
We’ve reported that Deutsche Bank and QPLIX have announced the cooperation on the growing business with asset managers, family offices and other financial institutions.