Refinitiv’s Azure-based products aim to give financial firms greater connectivity and insight
Elly Yates-Roberts |
Financial market data provider Refinitiv has partnered with Microsoft to help financial services organisations connect, collaborate and leverage data to make more informed decisions.
Refinitiv is creating new products and go-to-market services on Microsoft Azure, while expanding its own use of Microsoft 365 and Teams, which Microsoft says will “help the financial community connect, collaborate and communicate”.
“Microsoft’s scale and its integrated product suite provides important opportunities for customers to connect and collaborate,” said David Craig, CEO at Refinitiv. “We see huge benefits in working with Microsoft and its productivity tools to improve efficiency, collaboration and communication across the financial community, especially as our customers harness automation and reimagine the future of work in a digital, post-Covid environment.”
Microsoft says that the financial industry is expected to grow to $26.5 trillion by 2022. The new partnership aims to help organisations make the most of this growth.
“We’re thrilled to be partnering with Refinitiv to drive real innovation and transformation in the financial services sector,” said Cindy Rose, CEO of Microsoft UK. “Through the powerful combination of our shared skills, experience and technology, we can help organisations unlock valuable insights from their data and spark a new level of productivity, collaboration and communication.”