General World News

What Microsoft’s new cloud platform means for mortgage

Bill Borden, corporate vice president of worldwide financial services at Microsoft

Tech giant Microsoft plans to launch a new cloud-computing offering targeting the financial-services market on Nov. 1 as part of an effort to further bolster its fast-expanding cloud business. The secondary market may want to take note.

The Microsoft Cloud for Financial Services has been operating in a preview mode since March, with lenders like Navy Federal Credit Union and Virgin Money UK among the first financial institutions to take it for a test drive, according to a company blog. But Microsoft details ⇒

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