- Strategic partnership to accelerate Euroclear’s vision to create an open digital and data platform driving greater efficiency for all capital markets participants.
- Cooperation to transform Euroclear’s technology infrastructure with Microsoft’s cloud solutions.
- Co-development of industry-leading, innovative solutions unlocking the wealth of data of Euroclear’s ecosystem.
Euroclear announced a 7-year strategic partnership with Microsoft to boost Euroclear’s business ecosystem and technology infrastructure. Microsoft will support Euroclear’s in areas like funds and client experience as well as its long-term vision towards a “digital and data-enabled financial market infrastructure”.
By joining forces with Microsoft, Euroclear will be pioneering innovative digital and data-centric initiatives, which will foster collaboration with other industry participants to create shared solutions based on standardized and compatible technologies that bring the best value to industry service providers but also to issuers and investors alike.
Valérie Urbain, CEO of Euroclear, said in a statement: “Technology is rapidly transforming financial market infrastructures. Harnessing the latest developments in cloud, AI and analytics is a critical enabler of Euroclear’s strategy and a driver of innovation and new business without compromising resilience. Microsoft’s technology leadership and understanding of financial markets make it an ideal strategic partner for the next stage in our journey. This mutually beneficial relationship greatly accelerates our ambitions and should bring us much closer to clients.”
“Our partnership with Euroclear combines their extensive financial ecosystem—connecting more than 2,000 financial institutions—with the trust and scalability of the Microsoft Cloud including Microsoft Azure, Microsoft Copilot, Azure AI, Microsoft Fabric and Microsoft Teams,” said Ralph Haupter, president for EMEA at Microsoft, in a statement. “Together, we are enabling a shift from traditional sequential workflows to an ecosystem-centric capital markets model. This transformation will empower financial institutions to reimagine how they interact, analyse data and deliver insights to end users, driving efficiency and innovation across the industry.”
The partnership’s initial scope for 2025 includes:
- Developing a financial data sharing ecosystem: Designing a secure platform to enable collaboration and data sharing, leveraging Microsoft’s secure identity, confidential data sharing and cross-collaboration capabilities.
- Transforming Euroclear’s global offering, Euroclear FundsPlace: Enhancing the customer experience with AI-driven insights, streamlined operations and increased efficiencies for market participants.
- Modernizing customer engagement: Establishing a unified platform to enhance Euroclear’s customer interactions and streamline operations across all customer-facing business lines.
- Strengthening market infrastructure: Building next-generation, secure financial infrastructure with built-in compliance, security and reliability to support mission-critical workloads.
The adoption of Microsoft’s cutting-edge technologies like cloud (which in turn is a platform for scalable transformation) and generative AI will streamline platform development and operations. The use of Microsoft’s flexible cloud capacity and automated solutions for rapid disaster recovery and business continuity will further improve Euroclear’s resilience and security.
The partnership is sponsored by senior executives from both sides, representing both IT and business perspectives, to ensure the successful development of the partnership and the delivery of value for our clients and ecosystem partners.