AI and Data for Banking from Deloitte and Google Cloud has been saved
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AI and Data for Banking from Deloitte and Google Cloud
Modernize your banking data with the cloud
In a rapidly evolving economic landscape, Deloitte’s AI and Data for Banking solution—built on the Google Cloud—helps financial services organizations leverage data analytics and artificial intelligence (AI) to augment revenue streams, stay compliant, and minimize costs.
What’s driving the need for change?
Today’s banks, credit unions, and other financial institutions have access to a wealth of data, but many aren’t realizing the value of that data due to:
- Siloed data, which limits accessibility and decision-making
- Ever-evolving regulatory requirements
- Too much manual work, which can be error-prone
- Increased competition from non-traditional players (FinTechs)
- Slow time-to-value and minimal return on investment (ROI)
Helping banks modernize
Deloitte’s AI and Data for Banking solution uses a combination of pre-configured analytics, low-code, automated solutioning, and industry-standard models on Google Cloud to help banking clients build a modern data and AI program faster than ever thought possible, while also providing:
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Flexibility to migrate data from existing, legacy sources
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Modularity to meet specific, customized program needs
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Agility to determine precise customer segmentation and behavior analytics
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Intelligence through AI and machine learning (ML) frameworks
The time is now for AI and Data
Recent Deloitte research indicates a growing interest and need among those in the banking sector for modernized data platforms.
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100%
83%
83% of customers prefer an out of the box or prebuilt solution to handle their data.1
4 out of 5
90%
90% of banks prioritize ROI when buying software.1
Update
$5B+
Over $5 billion will be spent on data initiatives, 60% of which on critical data modernization.1
365 to 5
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Get in touch
Get in touch
Principal
AI and Data Sponsor, FSI Leader
Deloitte Consulting LLP
Adrien Monvoisin
Managing Director
AI and Data Delivery Business Lead
Deloitte Consulting LLP
Sriram Nagarajan
Managing Director
AI and Data Delivery Tech Lead
Deloitte Consulting LLP
Endnotes
1Market Survey Data and Deloitte Catalyst External Market Research
