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Microsoft-Kale Consultants deal to target Indian banks

Microsoft Corporation India Private Limited tied up with Kale Consultants of Bombay that will use Windows distributed Internet applications architecture for financial services so as to develop future versions of 'Winbank', a ready-to-use software for the banking industry.

T O D A Y

• Linux World Expo • Microsoft-Kale deal • MP on Airtel backbone • Madras park by Jan

Microsoft's strategy is to work with the developers and support them with the latest architecture for the growing Indian banking and financial market, Microsoft Managing Director Sanjay Mirchandani told reporters in New Delhi.

Windows distributed Internet applications architecture is Microsoft's middle strategy that will simplify the adoption of Winbank in banks with legacy systems.

It will provide foundation for exposing the business logic within Winbank for alternative channels of delivery such as ATMs, telebanking and the Internet with the traditional retail branch mechanism for the delivery of these financial services.

UNI

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