Wells Fargo Selects Microsoft and Google Cloud for Digital Infrastructure Strategy

Sep 16, 2021 By MarketDepth

Business Headlines Technology What's Hot

WellFargo

Wells Fargo & Company (NYSE: WFC) has reported its new digital infrastructure strategy that combines a multi-cloud approach with third party data centers to improve technological speed, agility and scalability for its customers.  “Launching our new digital infrastructure strategy is a critical step in our multiyear journey to transform Wells Fargo, making it easier for customers to do business with us and creating a better working experience for our employees,” said Saul Van Beurden, Wells Fargo’s head of Technology. “The Wells Fargo of tomorrow will be digital-first and offer easier-to-use products and services, and all of that starts with driving speed, scalability, and enhanced user experience through the next generation digital infrastructure strategy we’re announcing today.”

“Wells Fargo and Microsoft have a longstanding relationship, and we are excited to build on that foundation to accelerate Wells Fargo’s digital transformation journey.”

Judson Althoff, Microsoft’s Chief Commercial Officer

Wells Fargo will leverage Microsoft’s Azure platform to ignite creation of innovative solutions across all bank functions and provide a trusted and secure platform for business workloads.  “Wells Fargo and Microsoft have a longstanding relationship, and we are excited to build on that foundation to accelerate Wells Fargo’s digital transformation journey,” said Judson Althoff, Microsoft’s Chief Commercial Officer. “Microsoft Azure is empowering financial services institutions with its secure, compliant, and scalable platform for industry cloud solutions needs, including for advanced and complex workloads. By standardizing on the Microsoft cloud and trusting Azure as its most strategic and primary cloud platform across all lines of business, Wells Fargo will be able to advance its key business and technology transformation priorities across core areas like managing risk and control, personalized banking, and the digital branch of the future.”

“We’re proud to support Wells Fargo on its multi-cloud journey, with artificial intelligence and data solutions that will not only transform the business but also power the future of personalized experiences for its customers and clients. Google Cloud is committed to providing financial institutions with cloud technology that empowers banks to evolve, and to create digital experiences that customers demand.”

Rob Enslin, president, Google Cloud