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A financial institution employee working on Microsoft Azure's cloud platform

Microsoft Azure – A Powerful, Useful Tool for the Financial Industry

Forget the struggle to stay competitive in the ever changing financial market. Microsoft Azure is an incredible tool that will help to propel your institution forward. Imagine exceeding customer expectations, simplifying compliance, empowering teams, and harnessing data like never before. Azure can do that!

Of the Fortune 500 companies 95% use
Azure for their Cloud services.

Source: Microsoft


What is Microsoft Azure?

Microsoft Azure is a cloud computing platform offering over 200 service apps like computing, storage, networking, analytics, artificial intelligence, and machine learning. It allows you to:

  1. Enhance your customer’s experience by transforming the way you work with your customer.

  2. Simplify audits and compliance with streamlined reporting for regulators.

  3. Empower your employees through better teamwork and communications.

  4. Enable real-time decision-making with advanced data manipulation of massive datasets.

  5. Enjoy industry-leading data security alongside scalable storage that frees up resources and offers intuitive access for all within your institution


⬇️ See the Customer Journey ⬇️


 
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The benefits to Microsoft Azure are many but here are just a few:

  1. Easier scheduling and more productive appointments
    It enhances the customer experience by allowing your clients to make appointments via a secure online portal. By using Intelligent Appointment, your client is able to make their appointment with an advisor at your institution based on their branch history and financial tier. Then they are able to select from a list of times and dates or choose to make it a virtual meeting. The advisor is notified and the appointment is added to their calendar where they can review the customer’s history before the appointment. The customer also receives appointment reminders with a list of items that will help them prepare.

    ⬇️ See Intelligent Appointment in Action ⬇️



  2. Better security
    In a day when information security is of the upmost importance, Azure gives you peace of mind. With enhanced security features like multi-factor authentication, data encryption, threat detection and prevention, and compliance certifications, you can rest assured you have all your bases covered. Additionally, Azure adheres to numerous industry-specific regulations, including HIPAA, PCI DSS, and GDPR, making it a suitable choice for a wide range of financial institutions.

  3. Cost savings
    Azure improves efficiency of operations by reducing the time it takes to analyze data. You'll be empowered to make quicker decisions with powerful analytics tools that scale with your growth. And because it integrates seamlessly with your existing systems, you'll be able to get a fuller picture of your entire data set.

    Additionally you'll eliminate the needs for additional hardware like on-premise servers which reduce maintenance costs. 


  4. Customization – Microsoft Azure is flexible to meet your needs. Produce reports that analyze data based on branch productivity and data such as: volume of transactions, loan approval rating, chargeback ratings and more.

⬇️ See Azure in Action ⬇️

 

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It's time you explored the benefits of Microsoft Azure for your institution.

A person clicking a button that starts a web of digital transformation

 

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Additional Resources
Microsoft Azure 101: How It Works & Why It Matters
Microsoft Cloud for Financial Services

 

 

 

Topics: Productivity, cloud storage, cloud computing, digital transformation, microsoft azure, finance, workflow, automation, efficiency

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