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Publicis Sapient Collaborates With Goldman Sachs to Build Their New Transaction Banking Platform and Becomes a Client

July 29, 2020

New York, NY, July 29, 2020

Publicis Sapient, the digital business transformation hub of Publicis Groupe, is very excited to have agreed to a multi-year collaboration with Goldman Sachs Bank USA (GS Bank), who has recently launched a cutting edge, digital-native cash, and payments services in the marketplace.

David Donovan, EVP, Publicis Sapient Financial Services Lead, America's said, "Given Publicis Sapient is a digital leader in the financial services space, we are thrilled to work with Goldman Sachs to support the roll-out of their cloud-native transaction banking platform, which is the first all-digital platform in the market."

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.

About Goldman Sachs

The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments, and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

About Publicis Sapient

Publicis Sapient is a technology company that provides enterprise AI platforms and services. With over 30 years of digital business transformation experience, we enable enterprise clients to transform how they operate and serve their customers, unlocking new value and enabling them to thrive in an AI-driven world. Our platforms Sapient Slingshot, Sapient Bodhi and Sapient Sustain use AI built off this deep enterprise context to help organizations modernize their legacy tech systems, build agentic solutions, and automate their IT operations.  The combination of our AI platforms and the expertise of our people enables us to deliver faster and more effective outcomes through solutions that are specific to the unique needs of our clients’ businesses, their industries and their customers.  Publicis Sapient is the technology hub of Publicis Groupe, uniting 20,000 people worldwide across 28 countries. For more information, visit publicissapient.com.

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