investments of pretty much any other company he saysgunjan samtani head of goldman sachs services in india says there are clearly advantages on the scalability the agility and the configurability of the cloudnative platforms they have built it is giving us an edge over existing providers of treasury service to corporate clients he says samtani says about 35 of the txb engineering team and more than 50 of the consumer engineering team sit in the banks bengaluru centre he says many of the banks business leaders come from engineering backgrounds like the global head of transaction banking global head of consumer banking i in my most cardinal identity am an engineer so the dimension of engineers leading businesses and driving commercial outcomes is very much part of our transformation story we in our country have truly benefited from modern skill sets of people who are being exposed to the cloud people who have expertise in mathematics statistics computer science applied to different industries he saysgoldman sachs engineering is a global organisation he says but the centre of excellence for engineering product and consumer banking business sits here bengaluruargenti says the role of technology within businesses and the role of technologists within the firm are changing dramatically there was a point in time in which the cio was more like an it person that was managing your desktop your back office systems etc it was more like a backoffice job today technology is a competitive advantage and thats not just for us its across multiple industries thats what i observed in my last years at amazon where companies were coming to us to gain competitive advantage through technology he saysand this he says is what is attracting developers to traditional companies that have made technology their core competitive differentiator developers dont feel that theyre doing a backoffice job they dont feel that there is a sort of tax to be paid when you go from the tech world to the industry world no in fact youre going to keep the same level if not more of technology problems but at the same time you will add you will develop the ability to understand the businesses to change it inside out and i think thats really why you know weve been so successful in attracting some of the best technologists in the world in india if you see our competence were launching an ai centre of excellence we have an automation centre of excellence i dont see india as a cost advantage i see india actually as finding the best engineers in the world its a scalabilitymeetsquality play thats really what it is he sayswhat proportion of goldman sachs it will move to the cloud argenti says its a journey it is not going to be 100 anytime soon because there are some constraints for example for our low latency business with regards to frequency trading there are latency requirements to actually be colocated with the exchange that will not