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262 Results from "Microsoft Financial Services"

/regulation

Data storage and retrieval cited as the greatest compliance concern

Data storage and retrieval is the critical compliance issue facing IT directors at investment banks, life and pensions firms and insurance companies, according to a survey conducted by compliance consultancy Clearconcepts on behalf of Microsoft.

/regulation

ING signs global AML compliance deal with NetEconomy

ING Bank of the Netherlands has signed a contract for the worldwide installation of NetEconomy's Erase Compliance Manager anti-money laundering software.

/retail

Microsoft bows to bank pressure on NT 4.0 withdrawal timetable

Microsoft has bowed to pressure from the US banking industry and agreed to extend security software and support for Windows NT 4.0 beyond the program's official end-of-year retirement deadline.

/retail

Microsoft selects GlobalCollect for online payments processing

Microsoft has selected Netherlands-based GlobalCollect to provide online non-card payment processing services for its MSN site.

/wholesale

Banc of America Securities in technology alliance with Microsoft

Banc of America Securities' (BAS) Electronic Trading Services (ETS) group is to collaborate with Microsoft to research and develop new trade execution technology under the bank's recently established vendor alliance programme.

/regulation

ANZ sets up technology risk function; ditches Windows transaction switching project

Australia and New Zealand Bank has scrapped an ambitious project to deploy Microsoft Windows software for ATM and POS transactions and has set up a technology risk management committee to scrutinise large computer projects.

/regulation

Microsoft in firing line as US banks call for higher 'duty of care'

US community bank association ICBA is backing efforts by Washington-based banking industry consortium Bits to force software vendors to provide a higher "duty of care" on sales to the financial services sector, with Microsoft a prime target for reform.

/Sibos

Microsoft and Volante team to deliver STP on .NET

Microsoft has teamed with New York-based Volante Technologies to develop, market and distribute a straight-through processing financial messaging platform based on its .NET framework.

/Sibos

Infosys teams with Microsoft and Intel to target banks in the Philippines

India's Infosys Technologies is teaming with Microsoft and Intel to deliver an off-the-shelf electronic banking product to financial services firms in the Philippines.

/Sibos

Siemens KAG automates post-trade messaging using Comit BizTalk software

Siemens KAG, the investment management arm of Siemens, has implemented post-trade messaging software from Comit to send settlement instructions and receive incoming confirmations to and from custodians over the Swift network.

/people

Microsoft hires Misys' Gordon Ejsmond-Frey as insurance industry specialist

Microsoft has appointed Gordon Ejsmond-Frey to the newly created role of insurance industry specialist at its EMEA financial services division.

/wholesale

Merrill Lynch implements Microsoft technology for research platform

Merrill Lynch has begun building its next-generation RixML-based Research Analyst Workbench using Microsoft technology.