Microsoft, Volante ally for auto e-processing
C|Net | at | by Mike
Microsoft said Tuesday that it established an alliance with software maker Volante Technologies to build straight-through processing capabilities for the financial services market.
Under the deal, Microsoft will team with Volante--which builds so-called straight-through processing (STP) technologies aimed at the financial services sector--to co-market the company's products on Microsoft's own .Net Web services architecture. The companies said Microsoft's business unit for the financial sector would do that co-marketing as well as aid in customer adoption.