Euroclear and Microsoft partner 30 January 2025Brussles Reporter: Clelia Frondaroli
Image: Andreas Prott/stock.adobe.com
Euroclear has entered into a seven-year partnership with Microsoft, with the aim to drive new opportunities for growth.
The partnership is said to strengthen Euroclear’s business ecosystem and technology infrastructure by utilising Microsoft's technology and cloud services. The adoption of Microsoft’s software will also streamline platform development, operations, and scalability for the company, Euroclear says.
The partnership will further grow Euroclear’s service offerings through the creation of digital and data-centric initiatives, in areas such as funds and client experience.
Valérie Urbain, CEO of Euroclear, comments: “Harnessing the latest developments in cloud, AI and analytics is a critical enabler of Euroclear’s strategy and a driver of innovation, new business and resilience. Microsoft’s technology leadership and understanding of financial markets make it an ideal strategic partner for the next stage in our journey.”
Ralph Haupter, president, EMEA at Microsoft, concludes: “Together, we are enabling a shift from traditional sequential workflows to an ecosystem-centric capital markets model. This transformation will empower financial institutions to reimagine how they interact, analyse data, and deliver insights to end users, driving efficiency and innovation across the industry.”
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