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Microsoft Technologies for the Banking and Financial Industry

For banks and financial institutions, Microsoft provide technological solutions such as C++, Microsoft .NET Framework, ASP.NET, Visual Studio .NET 2002, Visual Studio 6.0, Windows 2000 Server, SOAP and Web Services.

Some of the major banks and financial institutions using Microsoft technology products are: BMO Financial Group, Deutsche Bank, Dresdner Bank, Sedgwick Claims Management Services, Inc., SunTrust Banks, Inc., Wachovia Corp. and Wells Fargo.

Company Benefits
BMO Financial Group Improved its ability to service customers by decoupling user desktops from the complexity of back-end systems and accelerating the delivery of smart client solutions that are engineered to user roles.

Microsoft® Visual Studio® .NET and the Microsoft .NET Framework as its new standard for developing smart client solutions

Deutsche Bank Easy deployment of applications that made use of its option pricing for equity derivatives Web service.

Developed using Microsoft .NET Framework and a set of Microsoft ASP.NET custom controls created using Visual Studio .NET.

Dresdner Bank Starship portal offering personalized access to customer-specific content and ASP hosted legacy applications from a Web browser.

Developed using Microsoft® Visual Studio® .NET and the Microsoft .NET Framework.

Sedgwick Claims Management Services, Inc. Synchronized info among several databases, view customer status and reports in real time, reporting across multiple databases and tie colleague performance to customer service expectations.

Deployed Microsoft® Identity Integration Server 2003 for cross-database reporting and Microsoft Office SharePoint™ Portal Server 2003 to precisely target information.

SunTrust Banks, Inc. Implemented a solution that can handle up to a million transactions an hour.

Built its database on Microsoft® SQL Server™ 2000 for its reliability, performance, scalability, and support for quick development.

Wachovia Corp. Provided sales and service personnel with a comprehensive view of each customer relationship and a single tool for servicing customers.

Used Microsoft and ARGO Data Systems, Intel®'s Xeon™ processor family, Microsoft Consulting Services and Intel® Solution Servers.

Wells Fargo Wells Fargo is deploying a Microsoft-based identity management solution that is on track to save U.S.$350,000 in lower total cost of ownership in its first year of operation.

Additional benefits include: enhanced productivity and security by making program access reflect employee status almost immediately and increase agility by bringing new programs online 25 percent faster.


Related Websites

Links to other websites on banking technologies.

Information Technology for Banks

Banking Technology - Resource for Banks and Financial Institutions
Online resource on information technology solutions for banks and financial companies. Buyer's guide to banking applications, crm, risk management systems and more.


Microsoft Products


.NET Framework


Visual Studio .NET 2002

Visual Studio 6.0

Windows 2000 Server


Web Services

Identity Integration Server 2003

Office SharePoint™ Portal Server 2003

SQL Server™ 2000