Microsoft at Sibos 2016: Day 2
Watch our videos from the second day of Sibos for the latest news and views from the show floor!
In the digital economy, financial institutions must architect for agility. The opportunity to embed technology directly into products and services is evolving how financial institutions deliver value – enabling new business models and disrupting established markets. Consider if every company was effectively a digital company, how would the nature of their business model shift?
Today at Sibos, Microsoft and Bank of America Merrill Lynch announced a collaboration on blockchain technology to fuel transformation of trade finance transacting. As part of this collaboration, the two companies will build and test technology, create frameworks, and establish best practices for blockchain-powered exchanges between businesses and their customers and banks. Read the press announcement here.
Also, watch our video of an executive event we hosted today at Sibos on ‘transforming the development and management of transaction banking products’. In this video we explore the role of new technology solutions in transaction banking product development, including bots, machine learning, artificial intelligence, and blockchain – and how major global banks are using data to analyse market behavior and develop products in real time.
We also share videos showcasing Microsoft digital transformation solutions in action, interviews with our partners at Sibos, and our views on today’s discussion from the show floor and conference sessions.
Watch our videos for insight into how Microsoft can help drive your digital transformation.