Updated: July 9, 2020 (August 9, 2004)
Analyst ReportBizTalk SWIFT Accelerator Available
Automated payment and settlement for the financial industry are the focus of the BizTalk Server 2004 Accelerator for SWIFT, an add-on to Microsoft’s application integration and business process modeling product. Released in Aug. 2004, the Accelerator will help banks, securities firms, and enterprises integrate Windows applications with popular electronic payment networks. It could also enable Microsoft and partners to increase the foothold of BizTalk and related products in the financial industry. However, current BizTalk users will have to upgrade to BizTalk 2004 and install various patches to get the Accelerator, and it’s not compatible with Microsoft’s previous financial messaging solution.
Accelerator Supports Banking, Securities
The Accelerator for SWIFT is designed to support use of BizTalk Server 2004 for financial messaging. BizTalk Server is Microsoft’s product for integrating applications. It routes and translates messages among applications and enforces and automates business process workflow to support either internal business processes or business-to-business transactions.
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