Microsoft seeks to reduce cost of STP


LONDON -- International software company Microsoft said in early November it had launched Biztalk Accelerator, an integration suite for financial messaging. The suite was developed in conjunction with several companies including Scandanavian banking group Nordea Bank. Biztalk Accelerator is designed to lower the cost of entry into the middleware arena and to offer straight-through processing to financial institutions of all sizes.

David Medeiros, director of global payments at market analysts

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