Financial ServicesDocument IntelligenceMachine Learning
Lloyds Banking Group cuts mortgage income verification from days to seconds with ML
Lloyds Banking Group, the UK's largest digital bank, migrated 15 modelling systems from on-premise infrastructure to Google Cloud's Vertex AI (now Agent Platform), giving over 300 data scientists and AI developers scalable machine learning capabilities. In six months the bank ran 80 new ML experiments and launched 18+ GenAI systems into production, including an algorithm that reduces the income verification step in mortgage applications from days to seconds. The migration also cut unplanned ML platform downtime to zero and saved 27 CO2 tonnes of operational emissions.
LBLloyds Banking Group· United Kingdom
Google Cloud Vertex AI · Gemini Enterprise Agent Platform · BigQuery +5