IBM is building a cloud for Financial Services.<br />BNP Paribas will come on board as the anchor client for the services.<br />IBM is in discussions with Japan's Mitsubishi UFJ Financial Group (MUFG) to explore how it can adopt the IBM Cloud for Financial Services.<br />Business Insider report that this marks a milestone in the modernization of the global financial industry.<br />IBM Cloud for Financial Services is the world's first product of its kind.<br />The addition of BNP Paribas is the next major milestone on that journey.