TD Bank Group (TD) and Microsoft announced a strategic relationship in which TD will use Microsoft Azure as the cloud foundation to provide its technology and design teams with tools designed for secure, agile and flexible access to data and AI resources. This will further enable the Bank to adapt and quickly respond to changing customer needs.
Engaging Microsoft to help support the Bank’s digital transformation journey, TD deployed Office 365 to deliver improved mobile solutions and engagement for more than 85,000 employees. With today’s announcement, the collaboration continues. Microsoft Azure is positioned to help accelerate new capabilities when it comes to the design and delivery of future customer banking experiences.
TD Securities, the wholesale division of TD Bank Group, is leveraging the Microsoft cloud to help transform their derivatives pricing and risk management experience. By moving the solution to Microsoft Azure, the business now has faster access to high-performance analytics, which allows the Bank to respond rapidly to client pricing requests.
By continuing to leverage Microsoft’s cloud capabilities, security investments and technical engineering strength, TD will further accelerate its transformation journey to build the bank of the future, adding to its ongoing investments in leading digital, AI and analytics talent.