EFG Hermes partners Microsoft to accelerate digital transformation -GCFRNG
EFG Hermes, a financial services corporation at Frontier Emerging Markets (FEM), and Microsoft have announced a strategic cloud partnership aimed at accelerating the company’s digital transformation and shaping the future of innovation in the financial services industry.
The companies will establish a unique collaboration to unlock the opportunities offered by the Microsoft cloud, with a specific vision of the challenges of financial services. The partnership will enable EFG Hermes to accelerate the modernization of its IT environment to improve the experience for customers, employees and developers.
As part of the strategic partnership, the companies will focus on accelerating a secure and robust digital transformation roadmap aligned with EFG Hermes’ digital strategy.
The transformation will result in a modern, more flexible and scalable IT environment for EFG Hermes, as well as a better employee experience; Innovative applications and services with increased developer efficiency and, most importantly, increased customer engagement with better service, insight, and connectivity.
“The partnership with Microsoft comes at a time when we seek to further cement our commitment to sustainability as we invest more in cloud-based solutions that help us achieve profitability, thereby improving scalability as part of our drive toward digital transformation.
This collaboration will also allow us to ensure greater competitiveness, business resilience and innovation, whether to expand global reach, reduce time to market, create agility, lead with a customer focus and make data-driven decisions, ”said Mohamed Wakeel, Group Operations Director of EFG Hermes.