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.