The Goldman Sachs Transaction Banking platform is developed via an API-first approach and will provide innovative products like Virtual Integrated Accounts with enhanced capabilities and features. The platform is US-based for now and will expand to Europe and Asia starting next year.
Publicis Groupe has sophisticated cash management operations and will leverage GS's enhanced platform to manage some of its treasury operations.
"Publicis Sapient has been a trusted collaborator supporting our digital capabilities, and we're excited that they've signed on to be a Transaction Banking client,” said Luc Teboul, Managing Director and Engineering lead for the Goldman Sachs Transactional Banking platform.