Intesa Sanpaolo Modernizing Mainframes with Google Cloud and Dual Run
AI Summary
Clavio Balo, leading IT architecture for Intesa Sanpaolo, Italy’s largest bank, discusses their cloud migration journey starting in 2021, focusing on their partnership with Google Cloud. Around 50% of their information system now runs on Google Cloud, chosen due to its innovation, local region deployment in Italy, and AI center investment. The bank’s migration brought financial benefits by reducing on-prem infrastructure investment, increased agility (e.g., quickly launching a new digital bank), and showcased innovation in Italy. They run a dual parallel production and testing environment using Google Cloud’s D run to ensure system reliability. The new digital bank initiative aimed to modernize and accelerate cloud adoption, while preparing backend systems for integration. Intesa Sanpaolo expects substantial cost savings of about 800 million euros yearly once fully transitioned to their new core banking platform and service model. Clavio also highlights the impressive scale and collaboration around the project.