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Danish brokerage Saxo Bank has signed a major partnership deal with tech-giant Microsoft. The news comes as cloud services are becoming an increasingly more competitive aspect of financial services delivery to end-clients.
Saxo Bank is aiming to run its entire banking platform on the Microsoft Cloud. The change comes amid increasing importance of critical infrastructure and in an environment with rapidly changing regulations for companies that are delivering financial services to their clients.
Commenting on the news, the CEO of Saxo Bank, Kim Fournais said: “The future of financial services is cloud-based and by partnering with Microsoft we take part in shaping ... (read more)