Banking on Bandwidth: Microsoft Holds 'Hands-on Labs' to Help Financial Firms Maximize Branch Connectivity, Security
REDMOND, Wash., April 26 /PRNewswire-FirstCall/ -- Microsoft Corp. (Nasdaq: MSFT) today is kicking off a series of worldwide "hands-on labs" to help financial services institutions such as banks and investment firms bring better bandwidth and security to branch offices -- without breaking the bank.
While central offices within financial institutions boast high-speed Internet access and complex security safeguards, branch offices often suffer from limited bandwidth and are more susceptible to threats. In addition, as older branch applications rooted in 3270 green screens migrate to Web- standards- and browser-based applications, banks and other financial firms are concerned about how to maximize bandwidth at the branch, while maintaining secure connectivity to headquarters in a security-enhanced environment. A recent boom in branch build-out has exacerbated the problem, as institutions spend an increasing percentage of their budget toward labor versus IT infrastructure.
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Thomas W Shinder, M.D.