With Zaloni Acquisition, Truist Focuses on Improving Data Governance Across the Bank

Truist Financial Corp., the operator of one of the country’s largest commercial banks, is revamping its data-management capabilities to benefit clients and employees.

The $545 billion-asset bank recently acquired the data technology firm Zaloni for an undisclosed amount, a move it says will help strengthen data governance, metadata management, analytics, artificial intelligen...