Cloud and AI solutions will help investors manage data and better understand risk and performance
Elly Yates-Roberts |
Financial index provider MSCI and Microsoft have partnered to bring innovation to the global investment industry. Using Microsoft’s cloud and artificial intelligence (AI) solutions alongside MSCI’s investment decision support tools, the partnership will help investors manage data and better understand risk and performance drivers.
MSCI will migrate its existing products, data and services onto Azure as it is preferred cloud platform.
“Our strategic collaboration with Microsoft is the latest step in our long and established heritage of innovation and we are excited about the long-term potential of this relationship,” said Jigar Thakkar, chief technology officer at MSCI. “MSCI is a future-focused business and Azure enables us not just to enhance our capabilities and client solutions of today, but also provide the platform to accelerate our journey in building world-class technology and tools to solve the investment industry’s challenges of tomorrow.”
The companies will also explore collaboration opportunities to drive climate risk and environmental, social, and governance solutions. Microsoft says that this future collaboration “is intended to help investors better understand and interpret the business risks and opportunities that climate change brings”.
“Investors rely on cutting-edge technologies to deliver intelligent insights, manage risk and detect anomalies so they can help customers achieve their investment goals,” said Scott Guthrie, executive vice president of cloud and AI at Microsoft. “By harnessing the power of Azure and its AI capabilities, together with MSCI’s expertise and position within the investment ecosystem, we will be able to accelerate new innovations that help investors better optimise their clients’ performance capabilities.”