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Reimagining Banking with Data-Driven Decision Making

2 MINUTE READ

Cloud-powered banking Solutions that Translate Data into Value

In today’s fast-paced, information-hungry world, businesses are increasingly relying on data to drive innovation and fuel growth. When companies can generate reliable insights in a secure and timely manner, they gain the ability to revolutionize customer experiences and operational efficiency.

In the financial services sector, implementing a cloud-scale analytics platform offers IT organizations the means to accomplish immediate and future objectives. In the short run, consolidating data on Azure Data Lake and conducting analytics with Azure Synapse and PowerBI offers an unparalleled level of insight into operations, ultimately enhancing decision-making.

Such an approach is a paradigm shifter. By treating data as an asset and establishing a secure environment, it allows financial institutions to make well-informed decisions with efficiency. Here’s how it works:

  • Enable differentiated customer experiences: Empower banks to enhance customer experiences, deepen relationships, and drive growth through real-time insights, elevating their services.
  • Deliver the future of banking across channels, products, and services: Intelligent customer experiences and insights enable financial institutions to create a unified 360-degree customer view, streamlining cross-channel management
  • Powering better business decisions throughout the organization: By unifying the hybrid and multi-cloud data estates to drive connected insights and intelligence, institutions can modernize incrementally for efficiency, leverage a single foundation for analytics and AI, connect clouds and services for scalability, and provide easy access to insights across the organization.

 

This allows banks to unlock a new frontier of benefits, including:

  1. Personalized customer experiences for accelerated growth and loyalty
  2. Enhanced employee experiences through smarter operations
  3. Agile risk management and regulatory compliance
  4. Modernized for real-time payment capabilities and new revenue generation
  5. Faster innovation with near real-time insights.

 

Leading industry-wide change

How are other institutions accelerating data value to reimagine banking in the era of AI with Microsoft’s cloud-scale analytics solution?

  • Nedbank: By using an electronic virtual assistant to handle 80% of inquiries at just 10% of the cost of live agents, delivering significant cost savings. (Read the story.)
  • TDBank: By deepening customer relationships by harnessing Microsoft Azure’s capabilities for legendary customer service. (Read the story.)
  • Swedbank: By embracing a cloud-first mindset to enhance employee skills and promote innovation across the organization. (Read the story)

 

Partnering for change

By choosing the right Microsoft partner to help you reimagine banking, you gain access to:

  1. Extensive proficiency in navigating complex analytics projects and integrations, minimizing risks.
  2. A wide range of customized solutions, services, and capabilities to address specific business requirements.
  3. Assistance to streamline your technology environment to speed progress toward business objectives.

 

Inspiring banking’s digital renaissance

Microsoft’s cloud-scale analytics solution is a powerful tool ready to transform the banking sector, by helping financial institutions to thrive in the digital age. Your journey toward data-driven success starts with choosing the right Microsoft Partner. Contact us today to explore the possibilities.

 

Looking for a trusted Microsoft partner in Dubai to help you leverage the power of the Microsoft Cloud for banking sector? Click here to speak with an expert

Passionate about Digital Transformation, Cloud & MarTech

For over 20 years, Mohammed has been working at the intersection of business, technology & marketing to help businesses transform & grow in an ever-changing world.

At Burhani, he leads a team of passionate technology professionals focussed on delivering High Performance & Exponential Growth to clients through integrated, reliable, responsive and cost-effective business technology solutions.

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