{"id":1934,"date":"2016-09-28T09:40:41","date_gmt":"2016-09-28T16:40:41","guid":{"rendered":"https:\/\/www.microsoft.com\/industry\/blog\/uncategorized\/how-microsoft-services-helps-banks\/"},"modified":"2023-05-31T16:17:47","modified_gmt":"2023-05-31T23:17:47","slug":"how-microsoft-services-helps-banks","status":"publish","type":"post","link":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/","title":{"rendered":"How Microsoft Services helps banks digitally enable new partnerships"},"content":{"rendered":"<p>Banks and financial services organizations face increasing pressure to succeed through partnerships that span their organizational boundaries. Beyond long-standing relationships with traditional intermediaries, successful banking organizations today need to work in an agile and secure way with partner organizations in an emerging range of new scenarios. Examples of such newly important partnerships include those with:<\/p>\n<ul>\n<li>Industry consortiums, regulators, consultants and others for whom secure collaboration in the creation of documents, distributed co-working, and conferencing are among the key capabilities that facilitate a fruitful partnership.<\/li>\n<li>Fintechs that innovate and offer services complementary to a bank\u2019s own when given the chance to interface with bank systems. Several banks have started encouraging these partnerships by facilitating \u201chackathons\u201d to identify innovative opportunities for leveraging their core banking platforms.<\/li>\n<li>Market participants in markets where distributed ledger technology (i.e., blockchain) has the potential to define new markets or replace existing exchanges or middlemen.<\/li>\n<li>Vendors of major assets financed by banks where new devices attached to those assets track their usage patterns and location. Data provided in these scenarios may provide banks greater security over assets and may also enable new financing constructs more closely linked to asset use or value depreciation.<\/li>\n<\/ul>\n<p>The Microsoft cloud is unique in offering the potential to enable a full range of capabilities to support these banking industry partnership scenarios. Microsoft Services helps banks envision these opportunities and define their roadmap, addressing aspects such as:<\/p>\n<ul>\n<li>Protecting and reporting the use of information including documents, email, and other content when shared outside the bank\u2019s traditional boundaries and allowing the bank to revoke access to previously shared information when the status of a partnership changes.<\/li>\n<li>Offering secure well-controlled access to interfaces into their systems using Microsoft cloud API management capabilities in a way that encourages discovery and innovation.<\/li>\n<li>Accelerating their efforts to enable new partnerships or consortiums using blockchain technologies available on the Microsoft cloud.<\/li>\n<li>Leveraging Internet of Things (IoT) scenarios with Microsoft cloud technologies that allow the bank and asset vendor to partner in offering new asset-backed financing solutions.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong><a href=\"http:\/\/www.microsoft.com\/services\" target=\"_blank\" rel=\"noopener\">Find out more about Microsoft Services and how we can empower financial institutions and their partners to collaborate and offer differentiated services to their customers.<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beyond long-standing relationships with traditional intermediaries, successful banking organizations today need to work in an agile and secure way with partner organizations in an emerging range of new scenarios.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"_classifai_error":"","footnotes":""},"categories":[4253,1523],"post_tag":[],"content-type":[1484],"coauthors":[1058],"class_list":["post-1934","post","type-post","status-publish","format-standard","hentry","category-banking","category-financial-services","content-type-partners"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How Microsoft Services helps banks digitally enable new partnerships - Microsoft Industry Blogs<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Microsoft Services helps banks digitally enable new partnerships - Microsoft Industry Blogs\" \/>\n<meta property=\"og:description\" content=\"Beyond long-standing relationships with traditional intermediaries, successful banking organizations today need to work in an agile and secure way with partner organizations in an emerging range of new scenarios.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/\" \/>\n<meta property=\"og:site_name\" content=\"Microsoft Industry Blogs\" \/>\n<meta property=\"article:published_time\" content=\"2016-09-28T16:40:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-31T23:17:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-content\/uploads\/2019\/01\/cropped-microsoft_logo_element.png\" \/>\n\t<meta property=\"og:image:width\" content=\"512\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rupert Nicolay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 min read\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/\"},\"author\":[{\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/author\/rupert-nicolay_1\/\",\"@type\":\"Person\",\"@name\":\"Rupert Nicolay\"}],\"headline\":\"How Microsoft Services helps banks digitally enable new partnerships\",\"datePublished\":\"2016-09-28T16:40:41+00:00\",\"dateModified\":\"2023-05-31T23:17:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/\"},\"wordCount\":374,\"publisher\":{\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#organization\"},\"articleSection\":[\"Banking\",\"Financial services\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/\",\"url\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/\",\"name\":\"How Microsoft Services helps banks digitally enable new partnerships - Microsoft Industry Blogs\",\"isPartOf\":{\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#website\"},\"datePublished\":\"2016-09-28T16:40:41+00:00\",\"dateModified\":\"2023-05-31T23:17:47+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How Microsoft Services helps banks digitally enable new partnerships\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#website\",\"url\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/\",\"name\":\"Microsoft Industry Blogs\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#organization\",\"name\":\"Microsoft Industry Blogs\",\"url\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-content\/uploads\/2019\/08\/Microsoft-Logo.png\",\"contentUrl\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-content\/uploads\/2019\/08\/Microsoft-Logo.png\",\"width\":259,\"height\":194,\"caption\":\"Microsoft Industry Blogs\"},\"image\":{\"@id\":\"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How Microsoft Services helps banks digitally enable new partnerships - Microsoft Industry Blogs","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/","og_locale":"en_US","og_type":"article","og_title":"How Microsoft Services helps banks digitally enable new partnerships - Microsoft Industry Blogs","og_description":"Beyond long-standing relationships with traditional intermediaries, successful banking organizations today need to work in an agile and secure way with partner organizations in an emerging range of new scenarios.","og_url":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/","og_site_name":"Microsoft Industry Blogs","article_published_time":"2016-09-28T16:40:41+00:00","article_modified_time":"2023-05-31T23:17:47+00:00","og_image":[{"width":512,"height":512,"url":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-content\/uploads\/2019\/01\/cropped-microsoft_logo_element.png","type":"image\/png"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Rupert Nicolay","Est. reading time":"1 min read"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/#article","isPartOf":{"@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/"},"author":[{"@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/author\/rupert-nicolay_1\/","@type":"Person","@name":"Rupert Nicolay"}],"headline":"How Microsoft Services helps banks digitally enable new partnerships","datePublished":"2016-09-28T16:40:41+00:00","dateModified":"2023-05-31T23:17:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/"},"wordCount":374,"publisher":{"@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#organization"},"articleSection":["Banking","Financial services"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/","url":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/","name":"How Microsoft Services helps banks digitally enable new partnerships - Microsoft Industry Blogs","isPartOf":{"@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#website"},"datePublished":"2016-09-28T16:40:41+00:00","dateModified":"2023-05-31T23:17:47+00:00","breadcrumb":{"@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/financial-services\/2016\/09\/28\/how-microsoft-services-helps-banks\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/"},{"@type":"ListItem","position":2,"name":"How Microsoft Services helps banks digitally enable new partnerships"}]},{"@type":"WebSite","@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#website","url":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/","name":"Microsoft Industry Blogs","description":"","publisher":{"@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#organization","name":"Microsoft Industry Blogs","url":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-content\/uploads\/2019\/08\/Microsoft-Logo.png","contentUrl":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-content\/uploads\/2019\/08\/Microsoft-Logo.png","width":259,"height":194,"caption":"Microsoft Industry Blogs"},"image":{"@id":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/#\/schema\/logo\/image\/"}}]}},"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Microsoft Industry Blogs","distributor_original_site_url":"https:\/\/www.microsoft.com\/en-us\/industry\/blog","push-errors":false,"_links":{"self":[{"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/posts\/1934"}],"collection":[{"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/comments?post=1934"}],"version-history":[{"count":0,"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/posts\/1934\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/media?parent=1934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/categories?post=1934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/post_tag?post=1934"},{"taxonomy":"content-type","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/content-type?post=1934"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.microsoft.com\/en-us\/industry\/blog\/wp-json\/wp\/v2\/coauthors?post=1934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}