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Euroclear strikes Microsoft tie-up

Financial data set to play a key role in landmark deal

Euroclear boss Valérie Urbain said AI would be a ‘critical enabler’ for the clearing house
Euroclear boss Valérie Urbain said AI would be a ‘critical enabler’ for the clearing house Photo: Hollie Adams/Getty Images

Euroclear has struck a seven-year partnership with Microsoft to “transform” its financial market infrastructure.

The tie-up will see the Brussels-based clearing house use Microsoft’s cloud computing, generative AI and analytics tools to streamline its operations and platform development, according to a 30 January statement.

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