HDFC Bank, India’s largest private sector bank, is collaborating with Microsoft to further enhance its digital transformation journey and create business value by modernising the data landscape, altering the application portfolio, and protecting the enterprise with Microsoft Cloud.
HDFC Bank will use artificial intelligence to scale its information management capabilities across corporate reporting and advanced analytics by consolidating and modernising its business data environment via a Federated Data Lake on Microsoft Azure.
“Our partnership with Microsoft is a part of our technology transformation agenda by investing in running the bank as well as building the bank of the future.
“At the heart of this is the ability to offer a neo-banking experience to our customers that is second to none. We are doing this by investing in proprietary IP as well through tie-ups like these,” HDFC Bank Group Head – Information Technology and Chief Information Officer, Ramesh Lakshminarayanan said.
Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/
