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Microsoft and Capco Join Forces to Transform Financial Services Industry With First Solution for Global Straight Through Processing Communications Using Microsoft .NET | |
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| Time: 10:54 EST/15:54 GMT | News Source: Microsoft Press Release | Posted By: Byron Hinson | ||
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Today at the Securities Industry Association's Technology Management Conference and Exhibit, Microsoft Corp. and Capco, the global services and technology solutions provider focused exclusively on the financial services industry, announced an alliance designed to transform the way financial institutions communicate. Together, the two companies are unveiling the first comprehensive solution for straight through processing (STP) to the global capital markets sector. STP is the seamless linkage between the entire spectrum of financial information, from basic analytics to clearing of trades, without the barriers or risks that are currently created by legacy, proprietary and paper-based systems. | ||
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