Morgan Stanley Partners Microsoft for Cloud Implementation
(2 June 2021 – United States) Morgan Stanley are collaborating with Microsoft Cloud to develop cloud platforms for financial services. The partnership enables Morgan Stanley to accelerate the modernisation of its information technology which will enhance user experiences for business clients.
Ever-evolving client needs, together with changing market dynamics and complex regulatory requirements, means that institutions require solutions that are both secure and scalable. Microsoft Azure and Morgan Stanley technology teams will tap into their engineering expertise to solve current challenges through cloud capabilities.
“This partnership is a natural extension of our longstanding engineering relationship and strong collaborative bond forged in the enterprise space over the past decades” commented Morgan Stanley Head of Technology, Rob Rooney.
“As we co-develop to shape the future of the cloud, Morgan Stanley will share its deep domain knowledge and engineering expertise to address the complexities of a global regulated financial industry, and help Microsoft enhance its cloud offering to stay at the forefront of client-centric innovation” he also added.
“As one of the most highly regulated industries in the world, financial services organisations’ journey to the cloud is extremely complex and nuanced” commented Microsoft Cloud Executive Vice President, Scott Guthrie
“Bringing together Morgan Stanley’s financial services engineering expertise with Microsoft’s cloud and industry-specific experience, our partnership will empower innovation for the industry while ensuring stringent compliance and regulatory guidelines are met” he also added.