VIENNA, Austria, September 17 /PRNewswire/ --
- Microsoft to enable transport, management and exchange of over 4 million SWIFT transactions per year.
Microsoft Corp. today announced at Sibos 2008 that the Polish National Depository for Securities (KDPW) is implementing Microsoft BizTalk Accelerator for SWIFT for the transport, management and exchange of more than 4 million SWIFT transactions per year. As the central institution responsible for the management and supervision of clearing and settlement in Poland, KDPW will use Microsoft's leading solution for financial messaging integration, leveraging BizTalk Accelerator for SWIFT to help about 10 domestic and global customers efficiently and effectively connect to SWIFT.
"As the primary organization for the facilitation of clearing and settlement in Poland, KDPW strives to provide its customers with the highest global standards, including those for full securities dematerialization," said Slawomir Panasiuk, member of the management board, KDPW. "We needed to implement a solution that would allow our customers the best and most effective solution for exchanging SWIFT transactions with foreign depositories, but that also took our future international growth plans into consideration. Microsoft BizTalk Accelerator for SWIFT allows us to provide this connectivity quickly and easily, and provides the flexibility for us to connect additional financial institutions from around the globe as our clients need them."
Microsoft BizTalk Accelerator for SWIFT integrates quickly and easily with SWIFT Alliance, providing global connectivity with SWIFTNet. It provides a comprehensive, reliable and highly secure platform for the delivery of financial messages, and integrates easily into KDPW's mainframe system.
"KDPW plays a leading role in the financial markets in Poland, and this implementation demonstrates its commitment to working toward a service-oriented architecture (SOA)," said Sheida Hadji-Ashrafi, worldwide industry manager, Payments at Microsoft. "Microsoft is transforming payments services, and BizTalk Accelerator for SWIFT allows KDPW to continue driving toward both a holistic enterprise approach and new efficiencies for customers in their global connections with SWIFT."
Currently being implemented, KDPW's adoption of Microsoft BizTalk Accelerator for SWIFT as its financial messaging platform for the future is expected to be completed in the fourth quarter of 2008.
About KDPW SA
KDPW is the central depository for securities in public trading in the Polish regulated capital market. It is also a clearing house for Polish derivatives. KDPW is responsible for managing and safeguarding the efficiency of the Polish depository-settlement system. For more information please visit: http://www.kdpw.pl
About Microsoft in Financial Services
Microsoft's Financial Services Group helps financial firms leverage technology to amplify the impact their people can deliver to drive business success. We help our customers in banking, capital markets and securities, and insurance achieve four business outcomes: develop relationships, drive innovation, improve operations and build connections. To do this, we focus our products and technologies, and our work with leading solutions, services and hardware partners, on key areas where we believe we and our partners can deliver exceptional value. Those areas include advisor platforms, channel renewal, core banking, insurance value chain, investment management, risk management and compliance, and payments. For more information, visit http://www.microsoft.com/financialservices.
Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.
Web site: http://www.microsoft.com
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