Microsoft Announces Financial Messaging Solution

Microsoft has announced the Financial Messaging Service Bus, a componentised financial services industry integration solution built upon Microsoft BizTalk Server 2009. By providing pre-built service components, the Financial Messaging Service Bus simplifies mission-critical financial messaging for banks, payments processors and other financial institutions, and provides a solution platform for Microsoft technology partners.

The Financial Messaging Service Bus not only applies to SWIFT or payments, but is extensible across all financial messaging systems as an integration framework allowing new solutions to be built and to co-exist with legacy applications as part of a technology renewal program. The Financial Messaging Service Bus supports Microsoft BizTalk Accelerator for SWIFT, which has been awarded the SWIFTReady Financial EAI 2009 label.

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The Financial Messaging Service Bus speeds up the implementation process by providing re-usable service-oriented architecture (SOA) components to simplify financial messaging integration. It utilises the Microsoft BizTalk Server Enterprise Service Bus (ESB) Toolkit for data transformation and transaction workflow management, and extends the standard ESB to add audit trail and business activity monitoring specific to financial services. Furthermore, Financial Messaging Service Bus components can be integrated easily with Microsoft Office products, including Excel and SharePoint, for a complete operations management and business intelligence solution.

The Financial Messaging Service Bus is currently available to all customers through select Microsoft financial services community partners.