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NAB signs multi-year cloud deal with Microsoft

July 15, 2020 at 10:00AM

National Australia Bank (NAB) has signed a five-year partnership deal with Microsoft to develop its cloud infrastructure.

Microsoft

Around 1,000 of the bank’s applications will move to Microsoft Azure

The partnership will see NAB Group and Microsoft share development costs and resourcing investment. Around 1,000 of the bank’s applications will move to Microsoft Azure as part of the deal.

NAB is in the middle of an extensive cloud migration. According to group executive for technology Patrick Wright, 800 applications have already moved to a public cloud model.

The bank aims to have more than 80% of its systems hosted on the cloud by 2023.

“To deliver for customers, we need to invest in the latest technology, leveraging global leaders like Microsoft to help us bring new services to our customers, quickly and at scale,” says Wright.

“The investment we’ve made in technology to date has built a strong, cloud-first foundation that’s enabled colleagues to execute better and deliver much better experiences for our customers.”

A multi-cloud project

Microsoft joins a raft of providers already involved at the bank. NAB uses Amazon Web Services (AWS) as its infrastructure provider. It also deploys Google Cloud for its analytics and data management.

In a recorded conversation seen by IT News, NAB also flagged a future deployment of Anthos, a workflow management tool.

In October 2019 Yuri Misnik, the bank’s executive general manager overseeing the cloud project, left the bank.

Misnik, who had previously worked at AWS, had outlined intentions to move 300 critical applications over to his former employer’s platform.

Jason Zander, executive vice president for Azure at Microsoft, says that the world’s leading companies run on the Microsoft cloud.

“Through this strategic partnership we will collaborate and co-innovate with NAB – creating compelling customer experiences, and streamlining the bank’s own operations.”

Related: NAB’s charge reduces cash earnings by AUD1.12bn

via FinTech Futures – https://bit.ly/3jfwwfw

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