Financial Industry Partners Should Take Advantage of Microsoft Cloud Services


Microsoft’s partners are poised to tap into a host of new opportunities as its financial services cloud becomes generally available.

Part of the provider’s suite of cloud solutions, the Financial Services Group is designed to help customers accelerate transformation and overcome regulatory or compliance challenges.

With this, service partners will have more opportunities to help customers digitally transform their financial businesses, Microsoft said in a blog post.

“They will be able to unlock new revenue and service opportunities such as functional implementation, last mile configuration and customization of customer environment, business processes and organizational change management,” wrote the supplier’s senior manager, Dana Straw.

Meanwhile, independent software vendor (ISV) partners can extend Microsoft Cloud for Financial Services with features and capabilities for joint customers.

These partners can expand their go-to-market by aligning with Microsoft’s marketing and sales moves, Straw said. With this, partners can take advantage of “white space” opportunities, extend core cloud capabilities, leverage the industry data model, or deliver comprehensive business processes.

“The Microsoft Financial Services Cloud enables improved collaboration, automation, and insights to streamline processes, personalize every customer interaction, improve customer experience, and deliver rich data insights,” he said. -she writes.

“Partner solutions are offered in a variety of ways to help customers accelerate their digital transformation journey.”

The transformations include creating “powerful customer experiences” through dashboards, budgeting and account aggregation, she said.

Straw added that partners will play a crucial role in the success and scalability of Microsoft Cloud for Financial Services, especially partners whose solutions are already “deeply integrated” in the banking, insurance and banking markets. capital.

“Microsoft Cloud for Financial Services is a value-added platform that partners can leverage to scale and seamlessly integrate their solutions, enabling the frictionless exchange of actionable information between customer systems and platforms,” said she declared.

Microsoft first unveiled its industry-specific cloud solutions in February. Apart from financial services, the provider has also launched Microsoft Cloud for Manufacturing and Microsoft Cloud for Nonprofit.

These are part of the vendor’s ongoing strategy to deepen industry verticals with its solutions.

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