TD Bank seek to innovate further through Google Cloud partnership

credit: Shutterstock
credit: Shutterstock

TD Bank Group has announced a multi-year strategic partnership with Google Cloud, integrating the latter’s data-driven technology solutions to innovate its banking experiences. 

By adding Google Cloud services, such as the Google Kubernetes Engine, TD Bank will be able to adapt and quickly respond to the ever-changing demands of the banking market, accelerating its processes. 

Google Cloud will work with TD to help streamline application development and deployment, as well as enable the bank to respond quickly to changing customer expectations by rolling out new features, updates, or new financial products at a faster pace. 

Greg Keeley, senior executive vice president, Platforms and Technology, TD, said: “At TD, our technology strategy is helping us deliver personalised and connected experiences for our customers. Our leadership and our talented, agile teams are supported by the relationships we have with our technology partners, including Google Cloud. 

“Together with Google Cloud, we are positioned well to continue to evolve our services, and help power new and innovative banking experiences.”

Treasury & Balance Sheet Management (TBSM), a Chicago-based subsidiary of TD Securities, began using Google Cloud’s infrastructure with an aim to deliver high-performing technology automation and quantitative modelling to fixed income markets. 

Leveraging Google Cloud, the TDSAT team has constructed a data-driven research platform that seamlessly scales alongside the business, supplying the technology required to process the large research workloads associated with TDSAT’s data-driven approach to trading.

Dan Bosman, Senior Vice President & Chief Information Officer, TD Securities and TBSM, stated: “Google Cloud’s features are very well-suited to our business and provide a secure and scalable infrastructure that can support compute-intensive quantitative analysis, with an elevated developer experience. 

“Google Cloud’s capabilities have helped us grow TDSAT’s trading volumes and portfolio size, and optimally serve our global clients. Additionally, the Google Cloud team has been truly collaborative, providing the resources we needed to help our technology integration process be as seamless as possible.”