As the financial landscape shifts and client preferences change, AI is creating an opportunity for wealth managers to innovate differentiated client experiences.
With the arrival of ChatGPT and generative AI, the power of AI became more accessible to everyone. For Microsoft, this will drive an evolution of our vision for intelligent insurance. For insurance companies—with their data-centric product focus, to their vast ecosystems of digital-savvy agents and customers—it is simply a red-hot opportunity.
With Microsoft Cloud for Financial Services, our customers are managing financial services data at scale and building solutions that improve customer experiences and operational efficiencies. With the advent of generative AI capabilities in Azure OpenAI Service, businesses can now unlock new value from their data not only to drive better customer outcomes but also to improve their protection against various kinds of financial crime—including fraud, electronic crime, and money laundering.
Our Industry Cloud solutions are designed to enable customers and partners to adapt to the changing landscape across industries and geographies. Today, we share what we have recently delivered recently as well as a preview of what is coming in the months ahead.
Our new podcast series, Industry Conversations by Microsoft, features subject matter experts from both Microsoft and organizations that have made use of the benefits of the cloud for their industry.
Microsoft makes a significant investment to help customers get the assistance they need to optimize cloud risk assessments at scale.
Empowering our customers with intelligent banking capabilities is core to our mission, and we are excited to bring generative AI innovations to them through our Azure OpenAI Service and our copilot offerings.
Clearly, finance is about data. Data is the connective tissue that brings context, value, and understanding of risks through its continuous, real-time flow. In financial services, as with other experiential industries, data is the pivot on which transformation is happening across all market segments, be they enterprise or consumer.
Microsoft was a proud sponsor at this year’s International Futures Industry Conference (FIA Boca), which took place March 13 to 17, 2023 in Boca Raton, Florida—a key event that brings together industry elites with the firms, regulators, and the various constituents shaping the future of global markets.
Microsoft Learn, is a resource for documentation, hands-on training, and certifications to help you get the most from Microsoft products. Microsoft Industry Clouds posts our release plans with the latest functionalities to be delivered to market in the technical documentation of Microsoft Learn.
Microsoft Cloud for Financial Services empowers wealth management firms and other financial services providers to implement the right digital strategies for their businesses. By bringing together the best of the Microsoft Cloud and solutions from our global partner ecosystem, Microsoft Cloud for Financial Services enables the delivery of personalized financial solutions at scale to all customer segments while also elevating the client experience.
The common theme for 2023 is that insurers need to do more with less: more innovation with less time, more agility with less money, and faster processes with less risk.
While there is no crystal ball for what the future will look like in this rapidly changing world, I am certain of the power of today’s cloud and AI technology advancements—and those on the horizon—to overcome our current challenges, stretch the boundaries of what we think is possible, and create a better future, together.
