TAS Group, a Australia-based financial services IT provider, has partnered with Alibaba Cloud, the cloud computing arm of China’s Alibaba Group, to provide a managed secure cloud system in the Australian market.

The collaboration, which will be initially valid for a two-year period, will primarily span the APAC region.

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Through this partnership, TAS aims to further boost its reputation in Australian the financial services industry while Alibaba hopes to further ‘cement entry’ into the Australian market.

TAS already serves over 60 financial institutions through its cloud data centres in Sydney.

TAS CEO Shane Baker said that the collaboration will be a game changer for the company, broadening the company’s portfolio while enhancing the company’s competitive positioning in the growing Australian cloud market.

“As a trusted advisor in FSI, TAS is very pleased to be partnering with a highly regarded global cloud computing company that is cutting edge with its services that will give our clients unparalleled advantages that align with our commitment to provide exceptional tech solutions,” Baker added.

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“We will be able to leverage the huge Alibaba ecosystem across ecommerce, technology and finance arenas and our clients will be well-placed to connect into Asia.”

TAS noted that it will remain Cloud vendor agnostic, offering customers TAS Certified Alibaba engineers and trainers, price points, as well as access to the latest technologies including facial recognition, AI, and analytics.

The cloud solutions will be offered via TAS Cloud, a new subsidiary of TAS Group.