Wednesday, 8 December 2004

Microsoft .NET is Financial Industry's Stellar Development Platform

The second consecutive year running, Microsoft .NET has been named the best program development platform in the financial industry, by Waters magazine, in recognition of its ability to balance the competing issues of openness, time to market, security, and long-term support. Waters magazine provides in-depth coverage of financial market data and technology.

In the financial enterprise market space, Microsoft focuses on providing security technologies, scalability, and reliability. In an endorsement from NASDAQ.com, J. Fred Maples, director of software engineering, had this to say, "It does not come as a surprise to NASDAQ that Microsoft has won this award for the second year. For NASDAQ, security and reliability are a constant concern. Microsoft’s solutions helped NASDAQ.com meet our goals to increase dependability, strengthen security, reduce costs, and improve service to users". Through Microsoft .NET, and the Extensible Markup Language (XML) Web services platform, it is also possible for customers to act on information anytime, anyplace and from any smart device.