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As part of Lloyds’ commitment to invest £3 billion to transform itself for success in a digital world, this five-year strategic collaboration will see Lloyds deploy a number of Google Cloud services to help streamline, modernise and improve the customer experience.
In addition, Google Cloud experts will collaborate with Lloyds to enhance engineering disciplines—all in an effort to boost efficiency and offer innovative new services to the bank's retail and commercial customers.
Zaka Mian, Group Transformation Director, Lloyds Banking Group said, “As the UK’s largest digital bank we have made strong progress in transforming not only our systems, but also how we work.
“The size of our digital transformation is huge and Google Cloud’s capabilities will help drive this forward, increasing the pace of innovation, as well as bringing new services to our customers quickly and at scale. This collaboration gives us a strategic advantage to continue as a leader in banking technology.”
"Banking customers today expect secure access to their funds, without downtime, and delivered through the modern experiences they receive in other aspects of their lives," says Thomas Kurian, Google Cloud, CEO. "We are proud to work with such a storied institution as Lloyds, which helped to create—and continues to redefine—the next generation of financial services."
