Microsoft’s AI partnership opens a window of opportunity for FNZ to vamp the wealth management industry’s middle and back-office operations.
The financial landscape consists of dynamic and complex networks. Which is why the industry has been quite a laggard in adopting digital transformations
Think of B2B cross-border payments.
Traditional systems are still preferred over complicated newer ones because the to-and-fro of funds mimics a tangled web. And so is its security framework. There are bilateral and multilateral systems that include direct connections or multiple systems connected to a central hub.
At the nexus of the need for fintech-wide transformation is the constant need for interoperability. But integration hurdles and security concerns have undermined this progress.
Owing to this, FNZ’s partnership with Microsoft is a gleaming opportunity.
They share a single goal: to let digital transformation serenade the wealth management industry.
With this collaboration, FNZ aims to amp up digital experiences for its clients, investors, and advisors. They wish to catch up to the rest of the market.
What does FNZ-Microsoft’s partnering promise?
FNZ is preparing to integrate Microsoft Azure AI Foundry with its existing tech infrastructure. Through this, the fintech company hopes to develop strategic and innovative solutions for its advisors and investors.
Not only will the experiences be more personalized, but FNZ will now be able to showcase its true potential by:
- Adopt Microsoft Fabric to strengthen data and analytics capacity and tailor advisor insights.
- Integrate Azure’s AI Foundry to boost operational efficiency and enhance UX.
- Leverage GitHub Copilot to co-develop intelligent solutions and improve productivity.
- Integrate its own systems with Microsoft’s development tools to improve scalability and resilience. And meet compliance requirements.
Overall, the five-year-long agreement focuses on accelerating innovation, creating joint GTM initiatives, and bringing to life intuitive digital wealth solutions.
These solutions will combine FNZ’s wealth management expertise and Microsoft’s AI and cloud capabilities. It’ll help accelerate the finance company’s AI roadmap and build resilience into their existing systems.
We are setting a new standard for how wealth management is delivered. Partnering with Microsoft further advances our mission to open up wealth by making investing more accessible to more people worldwide.
– says FNZ’s Group President, Roman Regelman.