Plan and prepare for Microsoft Cloud for Financial Services in 2023 release wave 2


The 2023 release wave 2 plan covers all new functionalities planned to be delivered to market from October 2023 to March 2024. In this article, you'll find the product overview and what's new and planned for Microsoft Cloud for Financial Services.


Microsoft Cloud for Financial Services provides capabilities to manage financial services data at scale. It makes it easier for financial services organizations to transform customer and employee experiences, coordinate engagement, and drive operational efficiency through automation.

Priorities in the upcoming wave are focused on componentization to provide customers and partners more flexibility in meeting their specific needs. The components offer individual deployment and configuration across customer onboarding, document processing, and customer financial information. While some of these components impact across financial services verticals, we also continue to offer vertical-specific offerings.