Citi and Google Cloud have entered a multi-year collaboration to accelerate Citi’s digital transformation through cloud technology and artificial intelligence. This partnership will see Citi migrating multiple workloads to Google Cloud’s secure and scalable infrastructure, enhancing its technology architecture and creating improved digital products for clients. Citi will leverage Google Cloud’s high-performance computing for sophisticated analytics and day-to-day operations, including enabling millions of daily computations within its Markets business. The partnership further extends to Google Cloud’s Vertex AI platform, equipping Citi with generative AI capabilities to streamline workflows, optimize document processing, and digitize customer service operations.
According to Tim Ryan, Head of Technology and Business Enablement at Citi, the initiative aims to modernize Citi’s infrastructure, increasing speed and reliability for both employees and clients. Google Cloud, led by CEO Thomas Kurian, emphasizes its commitment to empowering the financial services sector with secure, compliance-oriented cloud and AI solutions. With advanced security protocols and certifications, Google Cloud offers an infrastructure that meets stringent industry standards, allowing Citi to safely embrace digital transformation. Citi, a leader in global banking and wealth management, operates in over 180 countries, while Google Cloud supports organizations across 200 countries, providing innovative tools and infrastructure tailored for the future of digital business.
