{"id":42495,"date":"2021-10-06T09:43:27","date_gmt":"2021-10-06T09:43:27","guid":{"rendered":"http:\/\/icloud.pe\/blog\/?guid=c2f0953f12e620c71e0ff4b9cc7afa39"},"modified":"2021-10-06T09:43:27","modified_gmt":"2021-10-06T09:43:27","slug":"microsoft-cloud-for-financial-services-will-launch-next-month","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/microsoft-cloud-for-financial-services-will-launch-next-month\/","title":{"rendered":"Microsoft Cloud for Financial Services will launch next month"},"content":{"rendered":"<p><span class=\"field field-name-field-author field-type-node-reference field-label-hidden\"><br \/>\n      <span class=\"field-item even\"><a href=\"https:\/\/www.cloudpro.co.uk\/authors\/zach-marzouk\">Zach Marzouk<\/a><\/span><br \/>\n  <\/span><\/p>\n<div class=\"field field-name-field-published-date field-type-datetime field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\"><span class=\"date-display-single\">6 Oct, 2021<\/span><\/div>\n<\/p><\/div>\n<\/div>\n<p class=\"short-teaser\">\n<a href=\"https:\/\/www.cloudpro.co.uk\/\" title=\"\" class=\"combined-link\"><\/a><\/p>\n<div class=\"field field-name-body\">\n<p>Microsoft <a href=\"https:\/\/www.itpro.co.uk\/cloud\"  data-cke-saved-href=\"https:\/\/www.itpro.co.uk\/cloud\">Cloud<\/a> for Financial Services is set to launch on 1 November\u00a0to help financial institutions use the <a href=\"https:\/\/www.itpro.co.uk\/search\/microsoft\/\"  data-cke-saved-href=\"https:\/\/www.itpro.co.uk\/search\/microsoft\/\">Microsoft<\/a> Cloud.<\/p>\n<p>The new initiative integrates cloud services across Microsoft <a href=\"https:\/\/www.itpro.co.uk\/search\/azure\/\"  data-cke-saved-href=\"https:\/\/www.itpro.co.uk\/search\/azure\/\">Azure<\/a>, <a href=\"https:\/\/www.itpro.co.uk\/search\/microsoft%20365\/\"  data-cke-saved-href=\"https:\/\/www.itpro.co.uk\/search\/microsoft%20365\/\">Microsoft 365<\/a>, Microsoft Dynamics 365, and Microsoft Power Platform, with new capabilities and customisations unique to financial services. It also has been designed to address the control frameworks and regulatory requirements facing the industry.<\/p>\n<p><!--wysiwyg_see-related_plugin--><\/p>\n<p>\nThe platform provides financial institutions with a unified <a href=\"https:\/\/www.itpro.co.uk\/search\/customer\/\"  data-cke-saved-href=\"https:\/\/www.itpro.co.uk\/search\/customer\/\">customer<\/a> profile, easier customer <span class=\"scayt-misspell-word\" data-scayt-word=\"onboarding\" data-wsc-lang=\"en_GB\" data-wsc-id=\"kufblo3naoxarm0kf\">onboarding<\/span>, help with personalising customer interaction, and makes <a href=\"https:\/\/www.itpro.co.uk\/search\/automation\/\"  data-cke-saved-href=\"https:\/\/www.itpro.co.uk\/search\/automation\/\">automation<\/a> and <a href=\"https:\/\/www.itpro.co.uk\/search\/collaboration\/\"  data-cke-saved-href=\"https:\/\/www.itpro.co.uk\/search\/collaboration\/\">collaboration<\/a> across front and back-office easier. It also helps to identify and prevent fraud, protects the merchant services arms of financial institutions, carries out risk assurance and support, and helps organisations manage compliance requirements.<\/p>\n<p>Microsoft hopes this will help financial institutions and industry partners to unlock value by optimising business processes through integrated collaboration and <a href=\"https:\/\/www.itpro.co.uk\/search\/omnichannel\/\"  data-cke-saved-href=\"https:\/\/www.itpro.co.uk\/search\/omnichannel\/\">omnichannel<\/a> communication capabilities, and enhance the customer experience through comprehensive customer insights and personalised interactions. It also helps accelerate products to market and removes data silos.<\/p>\n<p>\u201cThis industry-specific cloud introduces new capabilities that unlock the power of the Microsoft Cloud to help innovate for responsible and sustainable growth,\u201d said Bill Borden, corporate vice president of Worldwide Financial Services at Microsoft.<\/p>\n<p>\u201cOur industry cloud has a foundation of privacy, security, and regulatory compliance across Microsoft and our partner ecosystem, and it is built on an industry data model that enables interoperability and innovation.\u201d<\/p>\n<p>In September, <a href=\"https:\/\/www.itpro.co.uk\/cloud\/cloud-computing\/360902\/atos-and-ibm-to-partner-on-new-financial-services-center-of-excellence\" data-cke-saved-href=\"https:\/\/www.itpro.co.uk\/cloud\/cloud-computing\/360902\/atos-and-ibm-to-partner-on-new-financial-services-center-of-excellence\">Atos and IBM teamed up to create a new centre of excellence to help banks and insurance companies improve security and regulatory compliance<\/a> when moving to the cloud. The platform aims to provide technical and financial services advice and expertise with <span class=\"scayt-misspell-word\" data-scayt-word=\"Atos\" data-wsc-lang=\"en_GB\" data-wsc-id=\"kufblohcw2qk8mhd6\">Atos<\/span> professionals trained on the IBM Cloud providing local language assistance. <span class=\"scayt-misspell-word\" data-scayt-word=\"Atos\" data-wsc-lang=\"en_GB\" data-wsc-id=\"kufblok7iud00k7yj\">Atos<\/span> will also offer automation services like Robotic Process Automation, AI-driven intelligent workflows, and business processes reengineering. <\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>      Zach Marzouk<\/p>\n<p>        6 Oct, 2021    <\/p>\n<p>      Microsoft Cloud for Financial Services is set to launch on 1 November\u00a0to help financial institutions use the Microsoft Cloud.<br \/>\nThe new initiative integrates cloud services across Microsoft Azure, &#8230;<\/p>\n","protected":false},"author":654,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-42495","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/42495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/654"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=42495"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/42495\/revisions"}],"predecessor-version":[{"id":42496,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/42495\/revisions\/42496"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=42495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=42495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=42495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}