As part of their strategic alliance struck last year, MSCI, provider of investment decision support tools and services, and Microsoft will develop next-generation investment decision making services for the global asset management industry.
The new offering will combine Microsoft’s Cloud and AI technologies with MSCI’s extensive data sets, analytical models and in-depth expertise of sector. This taps into the increasing demand for technologies that offer “solutions as a service”, harness big data and provide customised experiences.
The view is that by modernising MSCI’s data and analytics services and infrastructure, the companies will be able to deliver new capabilities which will help investors swiftly and efficiently manage data and understand the drivers of risk and performance.
Initially, the focus will be on migrating in stages MSCI’s existing products, data and services onto Azure as its preferred cloud platform. It will start its index and analytics solutions followed by its Environmental, Social and Governance (ESG) products and ratings.
In addition, the partnership will explore opportunities to drive climate risk and ESG solutions, leveraging Microsoft’s Azure and Power Platform and MSCI’s ESG and climate solutions capabilities.
This future collaboration, which is in line with both organisations’ commitment to sustainability, intends to help investors better understand and interpret the business risks and opportunities that climate change brings.
“Investors’ needs to rapidly innovate and adapt as strategies and business models evolve, build and manage big data, and improve operational efficiencies are growing at a critical speed around the world,” said Henry Fernandez, Chairman and CEO of MSCI. “Our strategic alliance with Microsoft underscores MSCI’s commitment to driving relentless innovation in the technology of our products and services to help investors achieve their desired investment outcomes.”
Chief Technology Officer and Head of Engineering at MSCI, added, “MSCI is a future-focused business and Azure enables us not just to enhance our capabilities and client solutions of today, but also provide the platform to accelerate our journey in building world-class technology and tools to solve the investment industry’s challenges of tomorrow.”