MSCI and Microsoft Corp. have formed a strategic alliance to accelerate innovation among the global investment industry. By bringing together the power of Microsoft’s cloud and AI technologies with MSCI’s global reach through its portfolio of investment decision support tools, the companies will unlock new innovations for the industry and enhance MSCI’s client experience among the world’s most sophisticated investors, including asset managers, asset owners, hedge funds and banks.
Read More: Banks Are Experiencing a Kodak Moment: Lessons Learned from a Fallen Giant
Initially, the companies will focus on migrating MSCI’s existing products, data and services onto Azure as its preferred cloud platform in stages, starting with its Index and Analytics solutions followed by its Environmental, Social and Governance (ESG) products and ratings; Real Estate data and solutions; and MSCI’s risk analytics platform Beon. By modernizing MSCI’s data and analytics services and infrastructure, the companies will be able to deliver new capabilities which will help investors more swiftly and efficiently manage data and understand the drivers of risk and performance.
Read More: Hummingbird Raises $8.2M To Automate Financial Compliance Technology
In addition, MSCI and Microsoft will explore collaboration opportunities to drive climate risk and ESG solutions, leveraging Microsoft’s Azure and Power Platform and MSCI’s ESG and climate solutions capabilities. This future collaboration, in line with both organizations’ commitment to sustainability, is intended to help investors better understand and interpret the business risks and opportunities that climate change brings.
“Investors’ needs to rapidly innovate and adapt as strategies and business models evolve, build and manage big data, and improve operational efficiencies are growing at a critical speed around the world,” said Henry Fernandez, Chairman and CEO of MSCI. “Our strategic alliance with Microsoft underscores MSCI’s commitment to driving relentless innovation in the technology of our products and services to help investors achieve their desired investment outcomes.”
Read More: Huobi Introduces Request for Quote for Electronic Trading and Voice Trading
