Finastra and Microsoft already use Azure to support 3,000 banks and financial institutions

Microsoft partners with one of the largest fintech companies globally. Source: shutterstock.com

Microsoft and Finastra have announced a multiyear cloud agreement to help accelerate the digital transformation of financial services.

Both companies will support banks, credit unions, and other firms in the sector to use Azure, Power Platform, and Microsoft 365. This way, they will be able to analyze their data, leverage AI, and store more information online.

Besides, by using Azure, financial businesses can save money and enable staff to be more productive. Consequently, they will offer better service to their customers.

We’ve reported that Microsoft has announced the decision to replace dozens of its UK and US editors with artificial intelligence software.

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