White Outsourcing Adopts SWIFT to Optimize Client Services Using Microsoft BizTalk Server
Wednesday, September 17, 2008 3:01 AM
Symbols: MSFT

Decillion and Microsoft collaboration delivers enterprise value with a SWIFT-based messaging platform covering payments, cash management, corporate actions and securities trades for White Outsourcing.

VIENNA, Austria, Sept. 17 /PRNewswire-FirstCall/ -- Today at Sibos 2008, Microsoft Corp. announced that White Outsourcing Pty. Ltd., a provider of outsourced financial and accounting services to Australian fund managers, has chosen a hosted solution based on the Microsoft Application Platform. The new solution will provide White Outsourcing with straight-through processing of financial transactions to and from the SWIFT Alliance Gateway, enabling it to achieve operational excellence and drive cost effectiveness in its processing of SWIFT-related messages.

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White Outsourcing will work with the Decillion Group, a trusted Microsoft partner in the Asia Pacific region, to implement the solution based on Microsoft BizTalk Server 2006 including Microsoft BizTalk Accelerator for SWIFT. This approach will provide White Outsourcing with access to industry value and innovation through the collaborative nature of Microsoft's partner ecosystem.

Under the new agreement, White Outsourcing will take advantage of Decillion's Microsoft technology-based, modular automated processing system (MAPS), which will be built around White Outsourcing's existing business process technology. MAPS will allow White Outsourcing to accommodate the high message volumes it has been experiencing and will enable the company to scale as these levels continue to grow.

'Outsourcing providers and SWIFT service bureaus must accommodate rapid message volume growth while offering their customers affordable, reliable SWIFT connectivity and helping drive operational efficiencies and excellence,' said Sheida Hadji-Ashrafi, worldwide industry manager for Payments at Microsoft. 'The solution being provided to White Outsourcing demonstrates an innovative approach to these industry challenges. Microsoft is working to empower its trusted partners like Decillion to provide deep industry value in the technology they develop, and this approach allows us to enable customers to realize greater value from their technology investments.'

'We anticipate having over 40 fund managers utilizing White Outsourcing's services through the Decillion SWIFT service bureau, and it will be vital for us to quickly and easily innovate to meet industry growth,' said Andy Harrison, director at White Outsourcing.


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