Google Cloud, KeyBank, and Deloitte announced an expanded, multi-year strategic partnership to accelerate KeyBank's commitment to a cloud-first approach to banking.
With this partnership, KeyBank will become one of the largest regional banks in the United States to run primary platforms and applications on Google Cloud infrastructure. This would allow the financial institution to transform how it develops, operationalizes, and delivers digital experiences to clients, partners, and teammates – all while maintaining security.
"We've enjoyed a long-standing relationship with KeyBank, and this expansion will evolve how the bank serves its clients. By tapping the best of Google Cloud technologies, data, infrastructure, and machine learning, KeyBank can embrace the benefits of the cloud and create compelling experiences for new and existing users,"
Thomas Kurian, CEO of Google Cloud
KeyBank will be leveraging Google Cloud's advanced data solutions and artificial intelligence (AI) technology to improve the bank's current client-centric strategy by providing a more flexible, personalized digital banking experience that meets customers' needs faster and with security.
KeyBank's expanded partnership with Google Cloud draws on its history as early adopters of Google's Anthos multi and hybrid-cloud management platform, as well as Kubernetes, a Google-created open source cloud software solution, to power its digital properties and apps. Last year, KeyBank launched Laurel Road for Doctors, its first digital healthcare-focused bank, on Google Cloud, providing healthcare professionals access to digital banking solutions suited to their individual needs.
"Through our co-innovation with Google Cloud, we have built and quickly scaled cutting-edge digital services for our clients with security at the core. For nearly 200 years, we've put our clients first. With Google Cloud, we're also becoming cloud-first." says Amy Brady, Chief Information Officer, KeyCorp.
As KeyBank's systems integrator, Deloitte will aid in the company's shift from data centers to Google Cloud. By enabling the quick launch of products and promoting new high-growth capabilities such as fraud prevention, machine learning, data analytics, and more, the endeavour will unlock significant business value for KeyBank.
KeyBank's migration of its infrastructure to Google Cloud will begin this year, with the goal of moving the majority of its products and services to the cloud by 2025.