Microsoft's new Banking Integration Factory initiative aims to help banks integrate multiple applications across telephone, the Web, retail branches, ATMs and other banking channels.

During this week’s BAI Retail Delivery Conference & Expo, Microsoft is showcasing its efforts to help banks achieve interoperability among business applications. The company will announce the Microsoft Banking Integration Factory, which brings together Microsoft and partner technologies at the services level to help banks create composite line-of-business applications.

Microsoft’s U.S. Financial Services group is a signature sponsor of the event, and also plans to distribute a white paper demonstrating the advantages for banks in moving to Microsoft Windows Vista and the Microsoft 2007 Office System by empowering employees via seamless access to information.

To learn more, PressPass interviewed Greg Haislip, banking industry solutions director for Microsoft’s U.S. Financial Services Group, for additional details behind these announcements.

Greg Haislip, Director, Banking Industry Solutions, Microsoft U.S. Financial Services Group

PressPass: Why is something like the Banking Integration Factory needed in the industry?

Haislip: Banks have always struggled with integrating multiple applications across multiple channels – phone, Web, branches, ATM and more. Couple that with all of the mergers in recent years, and banks are understandably frustrated with the complexities of their IT infrastructure. The Banking Integration Factory initiative is a program to help create “composite” applications from multiple vendors that already work well together – based on the Microsoft technology platform. We think this provides real value to banks in the long run.

PressPass: What will the Factory achieve? Continue At Source

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