Intesa Sanpaolo, Italy’s largest banking group, announced on July 2, 2026 that it has fully moved its core IT workloads to Google Cloud. The migration, executed in partnership with telecom operator TIM, involved more than 800 applications and was carried out from the two Google Cloud regions located in Milan and Turin, both hosted inside TIM’s data‑center facilities.
Scale and scope of the migration
The project targeted the bank’s most critical systems, shifting a comparable number of legacy applications out of on‑premises data halls. By leveraging the local cloud regions, the bank avoided cross‑border data transfers, kept latency low, and met stringent European data‑residency requirements. The migration was completed without any major service interruptions, according to the bank’s post‑migration review.
Technical architecture and partner roles
Google Cloud supplied the underlying infrastructure, offering the security, reliability and data‑processing capabilities needed for a financial institution of this size. TIM contributed the physical data‑center environment, high‑capacity connectivity, and a governance framework that combined risk mitigation with detailed FinOps monitoring. This end‑to‑end model allowed the bank to control costs while maintaining the performance needed for real‑time banking operations.
Executive perspectives
“This initiative has allowed us to achieve all our 2022‑2025 goals and prepare for the challenges of our 2026‑2029 business plan. By partnering with Google Cloud and TIM, we changed technology, reduced costs and, at the same time, laid the foundations for building Isytech, the cloud‑native digital technology platform serving customers and colleagues across our Group. In this transformative journey, we have also strengthened our internal skills and hired highly specialized new colleagues. Today, we position ourselves at levels of absolute excellence in Europe in terms of solutions, innovation, and security supporting business and customers.”
— Massimo Proverbio, Chief Data, AI and Technology Officer, Intesa Sanpaolo
“The completion of this program represents a highly significant achievement for TIM Enterprise, reinforcing its role as a strategic partner supporting the country’s digital transformation. Bringing the core infrastructure of a major bank like Intesa Sanpaolo to the Italian Google Cloud regions, hosted in our data centers, means ensuring data control, security, and resilience. The integration of data centers, connectivity, and cloud solutions allowed us to manage a highly complex migration while confirming operational continuity and high performance, once again confirming the excellence of our infrastructure.”
— Elio Schiavo, Chief Enterprise & Innovative Solutions Officer, TIM
“For the financial services industry, modernizing core systems demands security and resilience. The successful transition of Intesa Sanpaolo’s highly complex, mission‑critical workloads without disruption demonstrates how innovation is possible with the right technology. Crucially, our two local cloud regions in Milan and Turin enabled Intesa Sanpaolo to fully satisfy its data residency requirements. Google Cloud’s secure, sustainable, and reliable infrastructure is specifically designed to provide financial institutions with the enterprise‑grade solutions required to optimize their operations today, while laying the resilient digital groundwork for next‑generation platforms and advanced AI‑driven services.”
— Raffaele Gigantino, Country Manager Italy, Google Cloud
Workforce upskilling and certification push
The migration was paired with an internal training drive that involved more than 3,000 bank employees. The program yielded over 170 Google Cloud certifications, including more than 60 at an advanced level, signaling a deliberate shift toward a cloud‑first culture across the organization.
Market implications
By completing one of the most extensive core‑system migrations in European banking, Intesa Sanpaolo positions itself as a benchmark for peers seeking AI‑ready infrastructure. The combination of local cloud regions and telecom‑backed data‑center services demonstrates a viable alternative to public‑cloud‑only models, especially for regulated sectors where data sovereignty and latency are critical. The move also underscores the growing importance of FinOps practices in large‑scale digital transformations.
The bank’s newly modernized stack should accelerate the rollout of AI‑driven services, from predictive analytics to automated customer interactions, while providing a more resilient foundation for future innovation.
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