Published: Thu, March 15, 2018
Markets | By Rosalie Gross

Finastra and Microsoft join hands for cloud-based financial services software

Finastra and Microsoft join hands for cloud-based financial services software

Swisscom, which launched Microsoft Azure services past year, said it will work with the company to integrate its offering of Microsoft services from the new data centres. Microsoft, which now has 42 Azure cloud regions, is racing Amazon Web Services to add new areas as both companies aim to store information and applications closer to customers. Microsoft faces tough competition in the cloud arena, and ensuring that customers can get access to compute resources where they're most convenient is critical to staying competitive with Amazon Web Services, Google Cloud, and other firms.

WANDisco has gained Microsoft One Commercial Partner Program co-sell status, which means it can now package its Fusion Live Data Platform with Microsoft's Azure cloud platform and tools. The giant has deepened their expertise in the Middle East particularly in Abu Dhabi and in Dubai.

Oracle (orcl), which is a making a big cloud computing push, also said in February that it plans to build data centers in countries like China, India, Japan, Switzerland, and Saudi Arabia.

More news: Erdogan: Afrin town should be in our hands by this evening

Using the two solutions together means customers can save costs, while also benefitting from guaranteed data consistency and continuous availability, WANDisco explained. Our engagement with financial institutions and regulators in Switzerland over the past several years has led to a deeper understanding of the market and the opportunity for locally delivered, trusted enterprise cloud services to meet their unique requirements. Each datacenter geography, or geo, delivers a consistent experience, backed by robust policies, controls and systems to help keep data safe and help comply with local and regional regulations.

Keane declined to comment on whether Microsoft is building entirely new data centers in its newly announced regions or is leasing existing data center facilities to sell its cloud services.

"Microsoft has been present in the Middle East for more than two decades and is deeply invested in the region", Sayed Hashish, regional general manager, Microsoft Gulf told Arabian Business. That means, data center facilities in far-flung locations like Antarctica are likely not coming anytime soon.

Like this: