Allied Engineering Group (AEG), the largest SWIFT service bureau globally, has announced its collaboration with Microsoft and Crayon to bring tailored and compliant solutions to financial service institutions (FSIs) that are migrating their SWIFT infrastructure to the cloud. Through this partnership, AEG will publish its 10 SWIFT-related proprietary solutions on the Azure Marketplace, extending them as a managed service to FSIs.
“We believe that this partnership represents the best strategic move for banks, as it addresses the current needs of the sector,” Group CEO of AEG Dr. Mohamed Sadek said. “Our tailored solutions on Azure will provide financial service institutions with the flexibility, scalability and security they need to migrate their SWIFT infrastructure to the cloud, while ensuring compliance with SWIFT CSCF regulations and guidelines. By leveraging Azure’s advanced capabilities, we are enabling banks to focus on their core objectives and access limitless possibilities for the future.”
“We are excited to collaborate with Allied Engineering Group and Crayon to provide tailored and compliant solutions for financial service institutions migrating SWIFT infrastructure to the cloud,” General Manager Microsoft UAE Naim Yazbeck said. “By leveraging Azure’s secure and scalable platform, we are enabling AEG to offer its customers greater flexibility and cost savings, while maintaining compliance with SWIFT CSCF regulations and guidelines. This relationship is a testament to Microsoft’s commitment to supporting the digital transformation of the financial service.”
“We are proud of our partnership with Microsoft and AEG, which exemplifies the transformative power of combining world-class technology, industry expertise and strategic vision,” CEO of Crayon Middle East & Africa Ziad Rizk said. “By leveraging our deep Microsoft Cloud knowledge, our robust partner ecosystem, and our extensive market reach, we are committed to supporting AEG’s ground-breaking efforts in revolutionising the SWIFT infrastructure for financial service institutions. Together, we are pioneering the future of digital finance and cultivating exceptional experiences for organisations and customers alike.”
The initiative is part of AEG’s commitment to providing its customers with compliant, tailored solutions that meet their specific needs.