Following the acquisition of Laurel Road, a digital consumer lending business, KeyBank launched an initiative to build a national digital bank focused on doctors, dentists, and other healthcare professionals looking to refinance student loans and buy homes. The initiative is viewed as a growth engine for KeyBank, which is already among the nation’s largest bank-based financial services companies, with assets of approximately $170.5 billion.
Confluent’s platform for data in motion is helping to fuel the national digital bank initiative and the wider digital transformation underway at KeyBank. A major motivation for this transformation was reducing time to market for new products by democratizing data and decoupling systems across the IT landscape.
Power a national digital bank initiative and enterprise-wide digital transformation by reducing the time and effort needed to integrate systems
Create a center of excellence to help teams harness data in motion with Confluent Platform to make data available to systems throughout the bank
“We are currently in the process of moving our on-prem Teradata data marts to Google BigQuery, and we see a strong use case for Confluent Cloud with that move,” says Roseman. “We’ll soon be running Confluent Platform with Anthos on bare metal, which will also help us in the transition.”
Learn how Mojix, with its ViZixⓇ item chain management platform, is helping major retailers store, analyze and act on inventory data collected from IoT sensor streams in real time.
NORD/LB Supports Multi-Year, Bank-Wide IT Transformation with Confluent
Nationwide Building Society is a British mutual financial institution, the seventh largest cooperative financial institution and the largest building society in the world with over 15 million members.