Exciting news for global financial services providers in highly regulated countries looking to modernize their business operations with a move to the cloud: Deutsche Börse Group (DBG) is taking a thought leadership approach to digital transformation by moving to Office 365 to digitally transform the way they work. Based in Frankfurt, DBG is a leading stock exchange in Germany and one of the largest exchange organizations worldwide, with offices in more than 20 locations.
That is going to end a few discussions at other financial services providers which believe they need to run on premises. Good customer reference for Microsoft.
Indeed, I was quite surprised to read it earlier today. Great reference. "If they can, ..." 👍
Cloud Germany is nowhere explicitly mentioned in Microsoft's release. An elaborate guess or do you have other sources?
It's lockbox in European Cloud.
Thank you, Ennio. Thomas, thank you for asking. I had a (weak) source and that source was wrong. I asked Microsoft and they confirmed it is the regular O365 cloud.
I also corrected the headline.
Interesting, thanks for pointing me to that announcement, Volker.
We are providing software for financial services and are still facing a lot of "CLOUD? No, never!" discussions there...
I hope that press release changes the mindsets :-)
I do not see a choice of not adopting O365 - it is just a question of the time it takes. Microsoft is not doing well to explain how such a move can be done in a secure way. To fasten up the process, this is the gap to close.
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