Google’s Influence on Goldman Sachs’ Communications

Eric Schmidt, chairman of Google’s parent company, Alphabet has become CFO Marty Chavez’s new mentor at Goldman Sachs; the relationship is part of a new initiative that has Goldman Sachs focused on making its services for risk comparable to Google’s services for search; the bank wants to be the leading source for trading and managing risks giving its firm the attention of risk managers that Google gets from advertisers; to do this it has created Data Lake, a machine learning platform that manages information on transactions, markets and investment research as well as communication from emails, voice calls and instant messages; the new internal technology system is based on APIs that connect different parts of the business to the Data Lake central database making its communication processes more efficient.  Source

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments