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Microsoft and Finastra team up to help the financial sector embrace the cloud

Microsoft and Finastra have signed a cloud agreement that aims to help financial companies across the world benefit from Azure and its cutting-edge digital tools. 

The pair have announced a multi-year deal to support banks, credit unions and other firms in the sector to use Azure, Power Platform and Microsoft 365 to analyse their data, unlock the power of artificial intelligence and store more information online. 

By using Azure, financial businesses can save money, enable staff to be more productive and collaborative, and offer a better service to their customers. 

Simon Paris, Finastra Chief Executive, said: “This is a truly exciting step-change in the relationship between our two companies. We believe the future of finance is open – together with Microsoft, we can provide people, businesses and communities the solutions and services that fit around their needs and lives – unlocking the power of finance for everyone. 

As the pandemic has brought the future forward in regard to digitisation, our vision to transform the world of financial services aligns closely with Microsoft’s ambitions and I believe that, together, we can help accelerate this digital shift to support businesses, communities and individuals around the world.” 

Microsoft and Finastra have signed a cloud agreement that aims to help financial companies across the world benefit from Azure and its cutting-edge digital tools. 

The pair have announced a multi-year deal to support banks, credit unions and other firms in the sector to use Azure, Power Platform and Microsoft 365 to analyse their data, unlock the power of artificial intelligence and store more information online. 

By using Azure, financial businesses can save money, enable staff to be more productive and collaborative, and offer a better service to their customers. 

Simon Paris, Finastra Chief Executive, said: “This is a truly exciting step-change in the relationship between our two companies. We believe the future of finance is open – together with Microsoft, we can provide people, businesses and communities the solutions and services that fit around their needs and lives – unlocking the power of finance for everyone. 

As the pandemic has brought the future forward in regard to digitisation, our vision to transform the world of financial services aligns closely with Microsoft’s ambitions and I believe that, together, we can help accelerate this digital shift to support businesses, communities and individuals around the world.” 

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