Information Technology
Euroclear enters into 7-year strategic partnership with Microsoft harnessing cloud, data and AI
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 standardised 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:
said Ralph Haupter, President, EMEA at Microsoft.
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's initial focus has been established and will gradually evolve to co-develop additional digital and data initiatives and scale modernisation efforts. The initial scope for 2025 will focus on:
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.
Euroclear group is the financial industry's trusted provider of post trade services. Guided by its purpose, Euroclear innovates to bring safety, efficiency and connections to financial markets for sustainable economic growth. Euroclear provides settlement and custody of domestic and cross-border securities for bonds, equities and derivatives and investment funds. As a proven, resilient capital market infrastructure, Euroclear is committed to delivering risk-mitigation, automation and efficiency at scale for its global client franchise. The Euroclear group comprises Euroclear Bank, the International CSD, as well as Euroclear Belgium, Euroclear Finland, Euroclear France, Euroclear Nederland, Euroclear Sweden, Euroclear UK & International.
Microsoft (Nasdaq: "MSFT" | @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.
In Belgium and Luxembourg , Microsoft employs over 500 people and has a powerful network of more than 6,000 partners. With them, Microsoft Belux helps build solutions for corporations of all sizes, government institutions, and NGOs. Microsoft Belux aims to accompany its customers on the journey towards a digital society, overcoming the challenges it brings and seizing the opportunities it offers.
Pascal Brabant
pascal.brabant@euroclear.com
+32 475 78 36 62
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