At SWIFT’s Sibos conference in Sydney, Microsoft and its key partners are addressing key concerns facing the global financial services industry such as growing top-line revenue and making better use of existing capital through improved treasury and cash management systems. To manage funds effectively, corporations need electronic connectivity between their banks and their treasury management systems.
Microsoft’s partners are providing solutions on BizTalk Accelerator for SWIFT. Basle II and money laundering have been recurring themes at Sibos, and Microsoft partners will demonstrate solutions they have built on SQL Server with links to the Microsoft Office System to deliver information directly to end users for risk management and regulatory compliance.
Avanade
www.avanade.com
Avanade’s Connected Architecture for SWIFT (ACA SWIFT) allows customers and banks to communicate directly and in real-time using SWIFTNet Cash Reporting XML messaging standards. Built on Microsoft BizTalk Server 2006, ACA SWIFT has unparalleled connectivity with pre-built adapters for many systems such as SAP, TIBCO, WebSphere MQ and full integration with other Microsoft products such as SharePoint Portal Server and the Office System.
BearingPoint
www.bearingpoint.com
Microsoft and BearingPoint worked together to develop an integrated compliance dashboard to monitor and manage compliance with requirements such as MiFID. The solution will be integrated into the familiar Microsoft Office environment. In the area of payments, BearingPoint and Microsoft will use their strategic partnership to introduce SEPA solutions to meet the individual client’s requirements.
Decillion Solutions
www.decillion.com.au
Decillion Solutions is an accredited SWIFT Business and Service Partner with a focus on automation and integration of SWIFT standards using Microsoft BizTalk and the Microsoft BizTalk Accelerator for SWIFT. Decillion Solutions provides anti-money laundering solutions that can be integrated into BizTalk to provide a comprehensive financial messaging offering. Decillion Solutions’ project for BNP Paribas Australia was one of the first three solutions to go live globally with the 2.1 release of the SWIFT Accelerator in 2005 and now produces in excess of 1,300 category 5 and 9 reporting messages per day.
EastNets
www.eastnets.com
PayGate is a state-of-the-art connectivity solution for the financial market built on Microsoft BizTalk Accelerator for SWIFT. The solution supports multiple protocols such as SWIFT and country-specific financial formats like RTGS, and works with Reuters and core banking applications. It runs on Microsoft Windows 2000/2003 Server, Microsoft BizTalk Server, SQL Server and Internet Information Services.
Fair Isaac
www.fairisaac.com
Fair Isaac’s Falcon One Fraud Manager for payment card fraud detection leverages Microsoft technology such as SQL Server for administration of and management of rules and queues. Falcon Fraud Manager offers powerful reporting capabilities with exports to both Microsoft Word and Excel.
Finacle
www.infosys.com/finacle
Finacle e-banking solutions – consumer e-banking, Web-based cash management, corporate e-banking and mobile banking solutions – have been built on Microsoft .NET and SQL Server with ready integration possible through Microsoft BizTalk.
Financial Objects
www.finobj.com
Founded in 1995, Financial Objects develops Microsoft-based applications for retail banking and wholesale banking. It makes extensive use of Visual Studio .NET, Visual Studio 6, SQL Server, C#, BizTalk, and SharePoint.
Financial Tradeware
www.f-tradeware.com
Financial Tradeware, in collaboration with Microsoft, has developed an integrated suite of products and services based on .NET and SQL Server infrastructure that support straight-through processing (STP) in real-time trading, back-office administration, accounting and compliance for small- to medium-sized investment management firms.
FircoSoft
www.fircosoft.com
Founded in 1992, FircoSoft is a leading provider of Watch List Filtering, used by more than 250 institutions worldwide, and STP solutions for payment and securities. OFAC-Agent Suite is integrated with Microsoft BizTalk Server 2006 and BizTalk Accelerator for SWIFT in order to provide FircoSoft AML and compliance solutions along with SWIFTNet connectivity.
FNS
www.tcs.com
Now a part of Tata Consultancy Services, FNS has developed a fully integrated banking system, BANCS, that runs on Microsoft and has achieved benchmarks that prove it can support all but the largest global banks. BANCS includes modules for deposits, loans, CRM, payments, cards, treasury and trade finance.
Fundtech
www.fundtech.com
Fundtech’s payment applications built on Microsoft technology enable banks to automate their corporate banking activities in five major product categories: payments, cash management, financial messaging, FX settlements, and securities post-trade processing. Fundtech builds on the latest Microsoft software including Windows 2003, SQL Server 2005, and .NET.
HP
www.hp.com
The HP SWIFTAlliance Cluster Enabler for Microsoft Windows is an end-to-end messaging solution that enables financial institutions and corporations to access the SWIFT financial messaging network while taking advantage of the lower costs and higher availability of the Microsoft Windows environment. HP’s worldwide integrated support covers the server platform, the cluster-enabling software, and the Microsoft operating system and clustering technology.
Intel
www.intel.com
Across the supply chain Intel technologies enable buyers and sellers to communicate with each other and their banks to provide services and execute payments. Working with Microsoft technology such as BizTalk’s specialized messaging, Intel is helping to change the way global commerce is transacted – towards the end goal of faster cash for the corporate supplier.
iRevolution
www.irevolution.com
Hamsard’s iRevolution recently launched iSTP, a fully managed and hosted settlements solution for smaller and medium-sized fund managers. It uses Microsoft BizTalk as the communications backbone in the transmission of settlements instructions and information to brokers and to fund custodians.
Message Automation
www.messageautomation.co.uk
Message Automation’s Derivatives STP solution builds on Microsoft technology to deliver an integrated and highly adaptable offering to customers, including five of the world’s top 25 banks. Using the integration functionality of Microsoft BizTalk Server, its Validator and Translator products enable flows between systems and make use of BizTalk Server’s strong orchestration to follow the human workflow and provide context-based routing.
Molan Corporation
www.molan.com
Molan Corporation has developed custom solutions for Visa using the latest Microsoft technologies for Web user interface, component-based architectures, distributed object technology and service-oriented architectures. Under development is Payment Broker which supports all SWIFT approved messaging standards and is built with Microsoft BizTalk Accelerator for SWIFT.
NetEconomy
www.neteconomy.com
Founded in 1993, NetEconomy provides financial crime management and compliance solutions with over 110 implementations across 48 countries. They share an integrated framework composed of a transaction monitoring engine, alert management and investigation tools, configurable workflow and case management, and regulatory report management. ERASE relies on Microsoft technology including SQL Server, BizTalk Accelerator for SWIFT and Microsoft’s .NET Framework which enables a highly configurable front end.
OMX
www.omxgroup.com
The OMX EXIGO solution for the CSD market provides global cross-border functionality and the performance, scalability and extensibility to adapt to today’s rapid changes in the financial industry. EXIGO is built on a state-of-the art three-layer architecture, utilizing Windows .NET for all business functionality.
S1
www.s1.com
Postilion is a powerful, flexible transaction management software solution that delivers consumer-generated financial transactions at every point of an EFT network, including ATMs, POS terminals, telephones, mobile devices, call centers, and various Internet channels. It can be installed on any Intel-based server with Microsoft Windows 2003 and SQL Server 2000.
Saga
www.saga.co.yu
Saga’s Integrated Payments Factory (IPF) which enables easy and SWIFT realization of any payment task on a standardized platform is available on Microsoft BizTalk Server and the BizTalk Accelerator for SWIFT. Based on service-oriented architecture, it operates on .NET and Microsoft Windows Server 2003 and Microsoft SQL Server.
SMA
www.sma.co.uk
SMA is launching an application based on the BizTalk Accelerator for SWIFT with its SWIFT Service Bureau to do basic data translations around corporate actions messages. SMA’s service bureau provides users with access to all SWIFT members at a low cost with assured service quality.
SunGard
www.sungard.com
SunGard’s STeP is a suite of business solutions that help deliver Straight-Through Enterprise Processing (STeP) to financial firms by connecting customers’ internal applications and business processes with external services. Running in a Microsoft Windows environment it includes intelliSUITE for reconciliation, exception processing and liquidity management and Trade Management for post-trade automation.
AvantGard is a treasury and risk management solution suite offering Internet/intranet-based currency and commodity trading and risk management, cash management and accounting within a single environment. SunGard has worked closely with Microsoft on its Common Services Architecture, which uses .NET, to provide software as a service.
TEMENOS
www.temenos.com
The TEMENOS T24 integrated banking system runs on Windows and Microsoft SQL Server 2005 database, offering customers a full front-to-back core banking solution on an all-Microsoft platform. T24’s driver for SQL Server 2005 will employ the database’s native APIs to fully leverage Microsoft’s investment in XML storage technology.
TietoEnator
www.tietoenator.com
TietoEnator has developed Full SEPA to enable banks to derive maximum business value from the Single Euro Payments Area. Full SEPA can support potential new businesses that will arise through SEPA implementation such as e-payments and mobile payments.
Unisys
www.unisys.com/financial
Unisys Global Financial Services, which works with 22 of the top 25 banks, processes 50% of the world’s payments on a Microsoft platform. Now Unisys is becoming a key provider for SEPA-compliant payment solutions including state-of-the-art bulk payment processing, direct debit-related payment services and mandate management.
Vega
www.vegasolutions.co.uk
To help Investec Private Bank handle its high volume of inbound SWIFT messages, Vega built a solution on Microsoft BizTalk Accelerator for SWIFT to automate the process. This enabled the bank to implement a financial value chain and dramatically reduce the time and costs associated with setting and reconciling transactions.
WealthCraft Systems
www.wealthcraft.com
Based in Hong Kong, WealthCraft Systems provides tools for wealth management. These include an STP Gateway to send and receive SWIFTNet messages using secure Web services via VPN. Built on Microsoft BizTalk Server 2006, it provides an STP adaptor at the client site to transform messages from a client’s proprietary format to SWIFT. Its Advisor Workbench runs on Microsoft SQL Server 2005 and Microsoft Dynamics CRM with custom modules for financial planning.
XRT
www.xrt.com
XRT designs, develops, and supports a comprehensive suite of cash and treasury management solutions for banks and corporates using Microsoft technology including SQL Server, SharePoint, and Windows Server 2003.