Barclays Bank PLC (Barclays) and Microsoft Corp. have announced that Microsoft Teams has been chosen by Barclays as its preferred collaboration platform to power more than 120,000 colleagues and service partners in key locations around the globe.
Barclays, under the agreement, will streamline existing communications and collaboration solutions, with Teams replacing several point solutions previously in use across the organization. A deployment plan for the use of Teams across Barclays was jointly executed by Barclays Bank PLC (Barclays) and Microsoft Corp. to enhance the data retention, search, and retrieval capabilities available within Microsoft Purview to meet Barclays’ needs.
“Modern technology is essential to enabling our employees to deliver the highest level of service to our customers in a way that is resilient and sustainable,” said Craig Bright, Global Chief Information Officer, Barclays. “Microsoft Teams gives us an end-to-end collaboration platform that helps us connect our colleagues and enhance our business capabilities.”
“Over the past two years, digital collaboration has become central to how work gets done. Barclays is leading the way for the financial services industry globally, by giving its employees modern communication and collaboration tools that enable them to connect without friction,” said Rajesh Jha, Executive Vice President, Experiences & Devices, Microsoft.
Barclays deployed Teams globally within months and experienced instant impact with greater collaboration and better communication between teams while reducing email traffic.