Intesa is also setting up an AI Lab in Turin with around 50 Italian and international experts dedicated to the development of new data analysis methodologies and advanced machine learning systems. Other tech partnerships lined up include a collaboration with BlackRock on the use of its Aladdin platform for high net worth clients and a tie up with Kyriba for transaction banking services. The streamlining programme will be enhanced by what the bank describes as a new 'digital negotiation factory' to downsize the supplier base and concentrate resources on sustainable procurement policies.