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NCR, Microsoft bank on financial services

The two companies, along with Nexus Software, announce ActiveXFS, a new software development framework targeted at the financial services industry.

NCR and Microsoft are banking on financial services.

The two companies, along with Nexus Software, today announced ActiveXFS, a new software development framework targeted at the financial services industry. The three companies plan to offer the framework to customers through consulting and outsourcing contracts.

ActiveXFS uses Microsoft's core Component Object Model (COM) technology and related Windows Distributed interNet Applications Architecture for Financial Services (DNAfs) technologies to let businesses build applications that communicate with systems on multiple vendors' hardware.

Windows DNA is designed to be a foundation for other software vendors to build their products to take advantage of Microsoft's software infrastructure. DNAfs is a version of the technology specially tailored to the financial services industry. Microsoft claims that more than 40 institutions have pledged to use DNAfs.

As previously reported, several large banks, including Ohio Savings Bank, are using Microsoft's Windows DNA to link its various customer systems like automatic teller machines, Internet banking, and customer call centers.

DNAfs was announced by Microsoft one year ago.

Like its biological namesake, Microsoft's DNA is meant to provide some basic building blocks. Windows DNA is intended to allow business application developers to spend less time poring over the details of software development and more time building business systems.

NCR specializes in computer systems targeted at the banking industry. Nexus codeveloped ActiveXFS and provides Windows-based middleware.