Should financial institutions be worried about Microsoft?s online ambitions? A new report by Forrester Research suggests they should.
The report, entitled 'The Microsoft Threat', says the company?s current financial initiatives are not a great danger, but its distribution and payment system ambitions certainly are.
Current MS moves into this territory include the Investor Web site (which monitors stock prices) and MSFDC (whichoffers electronic bill presentment and payment services).
But the real threat to financial institutions, Forrester Research maintains, is from Microsoft?s distribution and payment ambitions. The report singles out Carpoint (a Web site that helps car buyers locate a dealer) and Expedia (which offers, among other things, online hotel reservations and car rentals).
In the long term, services such as these will help establish Microsoft as a hub for the sale of financial products, the study predicts.
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