German stock exchange aims to embrace digital transformation and boost employee productivity
Toby Ingleton |
Deutsche Börse Group (DBG), a leading German stock exchange based in Frankfurt, is enhancing its digital transformation efforts by making the move to Microsoft Office 365.
One of the largest exchange organisations globally, DBG has offices in more than 20 locations.
The organisation will use Microsoft Office 365 as the foundation to meet its digital transformation aims. Going forward, DBG is looking to grow to meet market demand and improve the productivity of its employees.
“Microsoft satisfied DBG’s concerns about how it controls access to data and change management of automated processes, and did so through a deep examination of the features, such as Customer Lockbox and the capabilities of Office 365,” said Frank Fischer, chief security officer and head of security of Deutsche Börse Group. “We were also impressed by Microsoft’s transparency, audit measures, regulatory compliance support and overall willingness to meet our needs – performed as part of Microsoft’s Financial Services Compliance Program.”
“Microsoft’s innovative approach to helping our customers move to the Microsoft Cloud, while also meeting their regulatory obligations, including our Financial Services Compliance Program, gave DBG confidence in this move,” said Ron Markezich, corporate vice president for Microsoft. “Following our work with DBG, and by adapting our contract terms, Microsoft is in a great position to address industry regulations for all global financial services customers. Germany is one of the most sophisticated regulatory systems in Europe, and having Microsoft Cloud customers in Germany shows how robust Office 365 is in meeting financial regulatory obligations.”