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Microsoft CVP discusses AI and partnership with FWD group
  + stars: | 2024-02-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAI offers 'powerful tools' for banking, financial services and insurance industry: Microsoft CVPBill Borden, corporate vice president of worldwide financial services at Microsoft, explains its partnership with Hong Kong insurance company FWD Group and how artificial intelligence can be used in the industry.
Persons: Bill Borden Organizations: Microsoft, Group Locations: Hong Kong
In turn, public-cloud providers are reimagining themselves as business consultants. Wall Street firms are embracing the cloud for everything from research to risk and marketing. Cloud providers are building teams to interface with execsFinancial firms making the jump to the cloud are thinking beyond their IT divisions. Some of the largest Wall Street shops are taking the opportunity to rethink how they run their businesses entirely. Wall Street uses cloud to hit the reset buttonSelipsky's comments ring true on Wall Street, where cloud projects can have firm-wide ripple effects.
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