Microsoft announced at Sibos 2008 that it is signing a global partnership agreement with the Society for Worldwide Interbank Financial Transactions (SWIFT). The announcement signifies a new, higher level of close cooperation between the organizations, under which they will work together to deliver deep industry value and simplify SWIFTNet implementation for customers using Microsoft technology. It is a mutual, commercially based agreement between the organizations and will open further opportunities for financial service providers and midsize to large corporations to quickly and easily connect to SWIFT.

Full PressPass