Finastra inks multiyear cloud agreement with Microsoft

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Financial solutions provider Finastra and Microsoft have inked a multiyear cloud agreement.

The agreement builds on the 3,000 banks and financial institutions already supported by both companies across payments, lending, treasury and retail banking on Azure, according to a statement by Finastra and Microsoft.

Using Microsoft platforms has enabled Finastra to brings its solutions to the cloud for its 8,500 customers, alongside advancements in data, AI and open banking, according to the companies.

[Image courtesy: Finastra]