Canada’s financial sector has undergone rapid chances in the last decade, led by the rise of advanced technology like blockchain, cloud, data and AI – and in the coming years, those changes will only accelerate. These innovations have dramatically transformed the way financial products and services are delivered to and used by Canadians.
In this episode of KEVtalks, Kevin Peesker, President, Microsoft Canada, is joined by Christina Kramer, Senior Executive Vice-President and Group Head, Technology, Infrastructure and Innovation at CIBC to discuss why modern financial services organizations must be agile and data-centric to compete in today’s digital economy. CIBC is one of North America’s leading financial institutions and in July of this year, we announced a multi-year agreement formalizing Microsoft Azure as CIBC’s primary cloud platform. Microsoft Azure’s vast on-demand computing power enables CIBC’s cloud-first approach, allowing the bank to scale and modernize its banking platforms, while building additional resiliency, efficiency and agility.
Investments in leading-edge technology like cloud and AI should be cornerstone of every organization’s digital transformation to ensure business resiliency in an unpredictable future. Earlier this year, we introduced a public preview of Microsoft Cloud for Financial Services, enabling financial service institutions to improve customer experiences, empower employees, modernize systems and manage risk.
