Microsoft Cloud for Financial Services expands with new updates

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Published onOctober 14, 2022

published onOctober 14, 2022

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Microsoft’s recent expansion of Cloud Financial Services features should help the41.1 percent of financial service respondentsto an IDC survey deliver digital services faster while they accelerate their shift to the cloud.

As part of Microsoft’s Cloud Financial Services feature expansion, the platform will now offer aCompliance Program for Microsoft Cloudthat includes the following:

In addition, a new banking customer agreement feature that offers customers self-scheduling of meetings on preferred channels called Intelligent Appointments is out of preview and generally available to customers. With Intelligent Appointments generally available to customers it can bepaired with Virtual Appointmentswhich is used in Microsoft Teams to send text reminders to join custom branded virtual appointments through mobile devices along with a few other admin scheduling tools to manage on-demand virtual appointments.

Microsoft is also putting a few newer features into preview (US and UK availability) that should help financial institutes leverage common data models, extract insights, derive new business models, and deliver differentiated customer experiences such as:

Lastly, Microsoft’s Cloud Financial Services has also expanded its partner ecosystem to provide customers with systems integration (SIs) from Accenture/Avanade and PWC as well as independent software vendors (ISVs) ArganoArbela, ASC, Bambu, BioCatch, Mambu, Thought Machine and Wealth Dynamix.

Kareem Anderson

Networking & Security Specialist

Kareem is a journalist from the bay area, now living in Florida. His passion for technology and content creation drives are unmatched, driving him to create well-researched articles and incredible YouTube videos.

He is always on the lookout for everything new about Microsoft, focusing on making easy-to-understand content and breaking down complex topics related to networking, Azure, cloud computing, and security.

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Kareem Anderson

Networking & Security Specialist

He is a journalist from the bay area, now living in Florida. He breaks down complex topics related to networking, Azure, cloud computing, and security

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Microsoft Cloud for Financial Services expands with new updates