GFT and Itaú Unibanco Develop AI Tool to Speed Bank's Cloud Migration
GFT Technologies and Itaú Unibanco have built an AI-based model for moving the bank's batch systems to the cloud. The companies report migration time cut by up to 70%.
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what happened
According to a GFT Technologies press release distributed via EQS News, the company and Brazil's Itaú Unibanco have developed a model for moving batch systems to the cloud. These are routine processes that ran on mainframes, such as period closings, settlements and reconciliations.
The model is built on the Batch2Cloud tool, integrated into GFT's Wynxx generative AI platform. The companies say that in the initial phase, migration time fell by up to 70% and project delivery sped up to 3.3 times. Specialists remain responsible for technical decisions, architecture and process governance.
why it matters
For investors this is a corporate announcement about a single technology project rather than a market event. It describes internal results of the company and the bank, so the impact on GFT shares, which are listed in the SDAX index, is likely limited.
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sources
- GFT and Itaú Unibanco Build AI-Based Solution to Accelerate the Bank’s Migration of Systems to the Cloud — eqs-news.com, 29 October 2026 at 08:26 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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