Commerzbank transforms financial advisory workflows with Google Cloud Consulting

Key Takeaways

Can I also make a video a photo with you guys? Amazing. [music] Hi, I'm Nis, head of corporate clients innovation lab at Commerce Bank. Commerce Bank is the leading bank for the German Mitushand and the strong partner for around 24,000 corporate client groups. With more than 400 billion assets under management, [music] Commerce Bank is also one of the leading banks for private and small business customers in Germany. After a detailed consultation with the corp client, the advisor then faces a significant amount of mandatory documentation. It's very manual, very time inensive task. Bringing cuttingedge Google AI expertise designing and implementing a sophisticated solution. This process wasn't straightforward as up to 120 pages of sales rules must be considered. Gemini needs to understand this to provide a highquality summary that can be further utilized. This AI powered solution [music] can now accomplish the same initial processing in just a few minutes. This collaboration with Google Cloud has established a robust foundation. Commerce Bank has successfully implemented a highly innovative and importantly practical application of generative AI. It's AI solving a real problem. Commerce Bank is building a [music] new way to transform financial advisory workflows. [music]