Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


11:31 AM
Connect Directly

Misys to Deliver Banking Apps on Microsoft's Cloud

Core banking, other apps to be delivered on-demand via Azure.

Microsoft and Misys announced an alliance today at SIBOS through which Misys will deliver banking software over the Windows Azure cloud platform. "This solution shifts the burden of IT management to the cloud," said Steve Ballmer, chief executive officer of Microsoft. "I see this as a transformative step for the financial services industry."

Ballmer noted that while usually banking applications require complex data center and support structures that are expensive to operate, cloud computing offers an on-demand model.

Misys and Microsoft have already deployed instances of the Misys BankFusion Universal Banking solution to the Windows Azure platform.

Microsoft says many financial institutions already run Microsoft Exchange, Microsoft Office and Microsoft Dynamics CRM Online solutions over its Azure cloud offering.

Register for Bank Systems & Technology Newsletters
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.