Microsoft previews next-gen financial services solution

eWeek | at | by Mike

Microsoft is following up on its plan to take a bigger piece of the financial services market by introducing technology based on the company's high-performance computing platform.

At the SIA Technology Management Conference here on June 21, Microsoft and its partners, including Hewlett-Packard and Digipede Technologies, demonstrated what the software giant said could become the standard modeling and trading platform of the future.

The solution features Microsoft Office Excel and Microsoft Office SharePoint Server built upon a Windows CCS 2003 HPC (high-performance computing) cluster, said Stevan Vidich, a technology architect in Microsoft's Financial Services Group.