Plan and prepare for Microsoft Cloud for Financial Services in 2022 release wave 2
Important
This content is archived and is not being updated. For the latest documentation, go to the Microsoft Dynamics 365 documentation. For the latest release plans, go to Dynamics 365 and Microsoft Power Platform release plans.
Important
The 2022 release wave 2 plan covers all new functionalities planned to be delivered to market from October 2022 to March 2023. In this article, you'll find the product overview and what's new and planned for Microsoft Cloud for Financial Services.
Overview
Microsoft Cloud for Financial Services provides capabilities to manage financial services data at scale and makes it easier for financial services organizations to improve their customer experience, coordinate engagement, and drive operational efficiency. By bringing together capabilities from Microsoft Dynamics 365, Microsoft 365, and Microsoft Azure, Microsoft Cloud for Financial Services expedites a financial services organization's ability to achieve its digital transformation. Our commitment is to offer industry-relevant data gravity and interoperability that comes to life at the application layer in a consistent and meaningful way, while enabling high-value scenarios that are seamlessly extended and enriched by premier industry partners.
With 2022 release wave 2, we're focusing on three primary dimensions:
Data gravity and interoperability: Reduce barriers to entry by simplifying the flow of data into the Microsoft Cloud for Financial Services. Expand the current retail banking data model and add new verticals such as wealth management and insurance.
New high-value scenarios: Improve customer engagement by leveraging high-value services in Dynamics 365 to streamline consultation appointment scheduling and intelligent customer outreach to engage with customers on their terms. Empower wealth management scenarios and customer onboarding scenarios.
Rich partner network: Enable our ecosystem to deeply integrate with Microsoft Cloud for Financial Services and extend its value, helping to further accelerate the data flywheel. Align cloud assets and ecosystem by meeting the demands of specific verticals to ensure that Microsoft Cloud for Financial Services can support industry-relevant business outcomes.
International availability of Microsoft Cloud for Financial Services can be explored through the Industry Cloud availability report.
Updates to Microsoft Cloud for Financial Services 2022 release wave 2
Investment areas
Wealth management
We're introducing a new set of offerings for the wealth management industry, adjusting building blocks for retail banking to serve the needs of investment and financial advisors serving higher net-worth customers.
Retail banking
We've further enhanced our offering for the retail banking industry, strengthening the customer onboarding experience with a componentized approach.
To learn more about the entire set of capabilities being delivered during this release wave, check out the release plan for Microsoft Cloud for Financial Services below:
For application administrators
User-impacting features to the user experience enabled automatically
User-impacting features should be reviewed by application administrators. This facilitates release change management and enables successful onboarding of new capabilities released to market. For the complete list, look for all features tagged "Users, automatically" in the release plan.
Features that must be enabled by application administrators
This release wave contains features that must be enabled or configured by administrators, makers, or business analysts to be available for their users. For the complete list, look for all features tagged "Users by admins, makers, or analysts" in the release plan.