Latest Microsoft Financial Services News: Finextra Research

UK banks go back to the future for CRM investment

Financial institutions are moving back to more traditional channels, such as call centres and branches, to build stronger relationships with their customers, according to new research commissioned by AIT, BT, eFunds International and Microsoft.

06 March 2002

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Financial data standard gathers momentum

Microsoft has become the first technology company to publish its financial statements on the Internet using Extensible Business Reporting Language (XBRL), an XML-based framework for financial reporting.

05 March 2002

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Egg to offer digital payments to Hotmail users

Internet bank Egg is planning to introduce person-to-person digital payments services to ten million UK Hotmail users through an alliance with Microsoft. The online bank has also re-iterated its intentions to launch an account aggregation offering in the "very near future".

25 February 2002

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Thomson Financial acquires WorldStreet Net

Thomson Financial has acquired WorldStreet Net instant messaging and collaboration technology assets from WorldStreet Corporation for an undisclosed sum.

20 February 2002

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Townsend Analytics moves to Microsoft .NET

Townsend Analytics, the Chicago-based developer of the Archipelago electronic communciations network (ECN), has redesigned its customer toolkit based on Microsoft .NET technology.

14 February 2002

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Beta banks talk up Microsoft .NET experience

Backed by supporting applications at major banks and corporations, Microsoft has formerly launched Visual Studio .NET and the .NET framework, the application development tool and platform for building Web-based services using .NET applications.

13 February 2002

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Microsoft showcases MSN Money Professional

Microsoft is showcasing a beta version of MSN Money Professional, a subscription-based financial management and advisory service built on .NET technology, at the Demo 2002 conference in Phoenix.

11 February 2002

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Tokai Bank Europe negotiates settlement with BSA

Tokai Bank has reached an undisclosed settlement with the Business Software Alliance (BSA), the industry watchdog representing software manufacturers worldwide, after it was found to be using unlicensed Microsoft software in its European operations.

17 January 2002

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Encompys develops Microsoft BizTalk infrastructure

Encompys, the straight-through processing joint venture company, has taken delivery of an integration platform infrastructure based on Microsoft's BizTalk Server.

16 January 2002

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Lloyds TSB Commercial Finance implements Microsoft BizTalk Server 2000

Lloyds TSB Commercial Finance has chosen Microsoft's BizTalk Server 2000 to deploy its first Web services application, FirstCheck, an online credit referencing solution designed to help businesses identify financial risks when dealing with new customers.

14 January 2002

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Integrity moves to Microsoft SQL server

Treasury management solutions provider, Integrity Treasury Solutions, has introduced a new version of its BoundaryRider credit and market risk analytics system running on SQL Server 2000.

09 January 2002

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Bank One signs $30 million Microsoft deal

Bank One has entered a three-year multi-million dollar agreement with Microsoft to develop a range of online services for small and midsize business customers.

14 December 2001

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