Itaú Private wants to surpass R$ 1 trillion in assets

The private global CEO explains that system changes could take months before migrating to the cloud.

The new command, which manages R$ 700 billion, brings together national and international structures to offer a global vision

07/13/2022

Itaú Unibanco's new private banking structure, implemented at the beginning of this year, seeks to consolidate a global vision for the entire area with the merger of the national and international segments of the financial group.

The three executives who started to command the wealth management arm of the largest Brazilian private bank, which serves people with at least R$ 10 million in investments, say that one of the assets for this integration and roundup of customer service comes from migration from systems to the cloud.

The private global CEO explains that system changes could take months before migrating to the cloud. "With the old system, anything new that came along, whether a regulation or a new product, could take about six months to develop.

Read the full story (in Portuguese).

Source: Valor Econômico

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