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 /CNW/ -- 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
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
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. "Decillion's hosted application
services based on Microsoft technologies provided the strongest solution and
will allow us to scale and quickly add new message types as required in the
"By partnering with Microsoft, we've provided greater industry value to
help fuel funds processing efficiencies for White Outsourcing," said Thomas
Lee, CEO of Decillion. "Microsoft provided us with a solid and highly secure
foundation for our technology, and this will enable us to help White
Outsourcing accelerate its adoption of SWIFTNet Funds in the near future."
White Outsourcing forecasts its current message volumes to grow at a rate
of 50 percent over the next 12 to 18 months. It expects to extend the use of
current MT messages and also include support for additional MX messages, which
will be part of the SWIFTNet Funds services. Under the current implementation,
18 SWIFT message types will be supported, spanning areas of financial
institution payments and cash management, corporate actions, and securities
trades, providing the company's customers with seamless SWIFT connectivity.
Currently being implemented, the project is expected to be live by the
fourth quarter of 2008.
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
Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in
software, services and solutions that help people and businesses realize their
For further information:
For further information: pr.mspx./ /CONTACT: At Sibos: Clare Anderson,
+44 777 075 5332, email@example.com, or Chanda Gathani, +44 20 3100
3605, firstname.lastname@example.org, both of Metia, for Microsoft Corp.