Verint Financial Compliance Achieves Microsoft Co-Sell Ready Status And Inclusion In The Microsoft AppSource Marketplace
Portfolio Pulse from Benzinga Newsdesk
Verint (NASDAQ:VRNT), known as The Customer Engagement Company, announced that its Verint Financial Compliance solution has achieved co-sell ready status with Microsoft and is now listed in the Microsoft AppSource Marketplace for use on Azure. This development strengthens the partnership between Verint and Microsoft, building on a twelve-year relationship. The solution offers advanced compliance controls for financial institutions, aiming to reduce risk and increase regulatory compliance while lowering operating costs. It provides secure capture, archive, and analysis for communications and trade surveillance, with high transcription accuracy and AI-driven insights.
November 14, 2023 | 1:50 pm
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POSITIVE IMPACT
Microsoft's partnership with Verint is strengthened as Verint Financial Compliance becomes co-sell ready and is included in the Microsoft AppSource Marketplace, potentially driving more users to Azure.
The inclusion of Verint's solution in the AppSource Marketplace may drive additional Azure usage and showcase Microsoft's commitment to offering comprehensive solutions, which could have a positive short term impact on MSFT stock.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Verint's Financial Compliance solution has become co-sell ready with Microsoft, indicating a deepening of their partnership and potential for increased sales through the Microsoft AppSource Marketplace.
Achieving co-sell ready status with Microsoft and inclusion in the AppSource Marketplace is likely to increase Verint's product visibility and sales potential, positively impacting VRNT's stock in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80