In a recent announcement, Microsoft and Finastra are in a strategic agreement to accelerate development of modern financial services. The joint venture aims to facilitate people and business with latest financial and services and solutions to cater for increasing financial needs and improved financial experience.

The idea is to develop Finastra’s open developer platform on Azure for an increased collaboration and exploring new ways to improve financial services available to people. Features such as e-signatory and e-notary will be highly available and easily extendable by Finastra. Since the company is making the shift to the cloud, Azure proves to be a secured and reliable platform needed by financial services in the cloud.

With Azure by their side, people at Finastra are ready to open an innovation platform to foster co-innovation of the next Gen financial services applications. For a digital-first mindset, Microsoft Workplace Analytics capabilities are also employed for better decision-making.