Coming off a successful week at Sibos 2022 in Amsterdam alongside many of our partners like Accenture/Avanade, Backbase, Capgemini, FIS, and SAS, we are energized by the incredible Microsoft Cloud for Financial Services partner solutions coming to market to help financial organizations continue their transition to the cloud and the many advantages it offers.
As my colleague Bill Borden noted in his recent announcement about the latest updates to Microsoft Cloud for Financial Services, we are committed to helping our financial services customers improve time-to-value, reduce costs, increase agility, accelerate innovation for sustainable growth, and create deeper customer connections. With Microsoft Cloud for Financial Services, organizations can take advantage of tools that allow them to connect data silos, limiting the number of systems needed and time required for simple lookups and searching, all within a secure cloud financial services data model designed for your business. Financial institutions that partner with Microsoft benefit from a suite of solutions designed to connect sales functionality, marketing, and customer service scenarios across omnichannel engagement systems with advanced analytics, data visualization, and AI-powered key performance indicator (KPI) reports.
“BioCatch’s cutting-edge technology together with Microsoft Cloud for Financial Services is a proven approach for fraud prevention to empower banks to deliver secure and frictionless digital experiences. By employing BioCatch through the Microsoft Marketplace our customers can reduce the time it takes to activate the service and have access to tools to address fraud by leveraging the behavioral insights of the Cloud.”—Gadi Mazor, CEO, BioCatch.
According to IDC,1 more than 44 percent of financial services respondents say driving more revenue-generating activities is the most critical technology initiative for their organizations, while 41 percent want to deliver digital services faster while accelerating their shift to the cloud. Organizations want technology solutions that speed time-to-value and improve customer outcomes. This is a key area where Microsoft Cloud for Financial Services with our partners can deliver compelling business value to the financial services industry.
We are making continuous improvements to the banking customer engagement capability to deliver differentiated customer experiences to better connect people, processes, and systems. Our partners are key to helping us make incremental improvements to our customer engagement capabilities.
A growing ecosystem of exceptional partners
Like our other industry clouds, the partner ecosystem for Microsoft Cloud for Financial Services continues to grow and evolve quickly. For this update, we are excited to introduce solutions and offerings from our leading global systems integrators (GSIs) and our independent software vendors (ISVs) to help financial organizations succeed in today’s challenging economic and regulatory environments.
In banking, Argano’s CX Connect for Financial Services bridges the siloed technical islands of data into a single pane of glass, optimizing the customer experience with personalized and predictive interactions across all channels. Thought Machine and Mambu are integrating their banking cores with the Microsoft Cloud for Financial Services, enabling financial institutions to respond to rapidly evolving consumer demands. In wealth management, Bambu launched their AI-powered predictive planning solution and Wealth Dynamix award-winning solution addresses the key challenges presented by the complex “client lifecycle management” requirements. In compliance, ASC Recording Insights delivers AI-based analytic capabilities bringing deeper insights about customer interactions to where it is needed. And in fraud, the BioCatch biometric solution helps banks deliver secure and frictionless, digital experiences.
We are also pleased to share new offerings from our leading GSIs and advisory firms that are helping organizations of all sizes and capabilities to plan, design, and implement strategies to enable their financial transformation and growth.
Unleash the power of Microsoft Cloud for Financial Services
Find the right technology solution for your organization from our ISV, system intergators (SI), and advisory partners.
Our financial services partner ecosystem continues to respond to customer demand, provide transparency through customer value chains, and deliver industry relevance in this rapidly evolving space. We are partnering with leading ISVs to create solutions to deliver better customer experiences, empower employees, and manage enterprise risk, including:
- ArganoArbela: CX Connect for Financial Services.
- ASC: Recording Insights for Microsoft Cloud for Financial Services.
- Bambu: Wealth Management Predicting Planning FSI.
- BioCatch: BioCatch for FSI Cloud.
- Mambu: Mambu Integration to Cloud for FSI.
- Thought Machine: Thought Machine Vault Core Connector for FSI Cloud.
- Wealth Dynamix: WDX1.
We also collaborate closely with our trusted SI and advisors to deliver best-in-class offerings such as:
- Accenture: Microsoft Cloud for Financial Services; Reimagined Banking.
- Avanade: Microsoft Cloud for Financial Services; Banking Accelerator.
- PWC: Financial Solutions for Banking and Infinite Financial Solutions.
New markets, new possibilities, and increased investments
Moving to the cloud creates incredible opportunities across virtually every industry. By migrating to the cloud financial organizations can take advantage of common data models and are better able to put their data to work, apply intelligence, extract insights, derive new business models, and deliver better, more differentiated customer experiences through modernized applications that drive new growth.
When organizations choose Microsoft and our partners, customers win, and businesses thrive. The benefit of partnering with Microsoft is manifold: partners can unlock revenue and business opportunities by building new and enhancing existing solutions on the Microsoft platform using its composable capabilities; they can also scale their go-to-markets in alignment with Microsoft for greater impact in the marketplace.
- Visit Microsoft Cloud for Financial Services.
- Review our Microsoft Cloud for Financial Services partner assets.