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Kyndryl launches banking and financial industry services for Google Cloud customers

By Delisha Fernandes

November 01, 2023

  • Confidential Computing
  • detect threats
  • Financial Services

Google Cloud, CryptoWireKyndryl, a technology infrastructure services provider, has launched banking and financial industry services for Google Cloud Customers to safely store and protect their confidential and sensitive data.

Kyndryl developed the new services on Google Cloud’s reference architecture for financial services, focusing on automation, security, and making compliance easier for customers. Customers can utilize Google Cloud’s security solutions, such as Confidential Computing, to encrypt their confidential data and Google Cloud Security Command Center to identify vulnerabilities and detect threats.

“We have developed innovative services with advanced security capabilities to help financial services organizations plan and implement their data and application environment in Google Cloud,” said Meenagi Venkat, Vice President, Kyndryl Consult, Cloud. “Kyndryl brings 30+ years of experience with designing, building and managing mission-critical IT infrastructures to provide customers what they need to run and transact their businesses in the cloud with confidence and security.”

Kyndryl’s financial services implementation for Google Cloud is tailored to meet the financial industry’s unique requirements and compliance standards. With its modular, industry experience-based approach designed for cloud security and privacy, Kyndryl is partnering with Google Cloud to meet the needs of financial services customers via an industry cloud approach that overcomes the inadequate and limited capabilities of generic services.

“Services partners like Kyndryl provide the ongoing expertise and resources that many enterprises need for large-scale digital transformation projects,” said Benjie Harrison, Director of Global Alliances, Google Cloud. “Kyndryl will now provide financial services companies with new solutions that apply Google Cloud’s trusted infrastructure and security tools to help customers achieve their business transformation goals.”

To enable a rapid and smooth transition to Google Cloud for financial services customers, Kyndryl has focused on key enablers, such as an industry-specific design that accelerates onboarding. The services enable customers to adopt modern operations practices such as Infrastructure as code (IaC), can be adapted to specific customer requirements and local regulatory requirements and help customers confidently and securely build and solve business challenges.

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