A couple of weeks ago I was attending SIBOS in Boston (Oct. 1-5).
SIBOS is a premier financial services show sponsored by Swift held in Boston attracts 6,500+ attendees from global corporates, corporate banks, asset & fund managers.
I’d like to bring to your attention four news releases that were issued by Microsoft at SIBOS.
The announcement that the functionalities within the BizTalk Accelerator for SWIFT would now be featured within the core BizTalk Server product, was making quite an impact. Banking customers reacted very positively to learning that BizTalk Server would provide them with out-of-the-box support of EDI, SWIFTNet, and soon ISO 20022 support.
Microsoft BizTalk Server Customers Gains Enhanced Access to SWIFTNet (here)
Microsoft BizTalk Accelerator for SWIFT becomes part of Microsoft BizTalk Server 2006 R2 and achieves SWIFTReady Gold Financial EAI 2007 label.
Three releases were about customer wins, showing how the 10th largest bank in the world by assets under management – Santander; one of the top 100 users of Swift – KAS Bank; and the reputed oldest bank in the world -- Banca Monte Dei Paschi di Siena, all had chosen to base their payments infrastructure on Microsoft products and technologies in particular BizTalk Accelerator for SWIFT.
Grupo Santander Selects Microsoft Technology for its Enterprise Payments Infrastructure (here)
New flexible system to provide leading Spanish banking group with faster payment services and increased efficiency of process development and business operations.
A proof of concept done for the Grupo Santander project has proved the system (build on BizTalk Accelerator for SWIFT) would be able to handle 62 million messages per day, with processing rates of 1,156 messages per second!
KAS Bank Streamlines SWIFT Connectivity and Increases STP by Using Microsoft Technologies (here)
Dutch bank implements BizTalk Server and BizTalk Accelerator for SWIFT.
Microsoft Helps Banca Monte dei Paschi di Siena Reduce Operating Costs by 50 Percent with new Bank-to-Bank Payments Solution (here)
Solution to enable bank to reduce payments processing from days to near-real time, while providing banks with greater visibility in cash flows and credit levels, and support for SEPA directive.