Microsoft .NET Is Named Best Program Development Platform by Waters Magazine

Microsoft Corp. announced that Microsoft .NET has been named the best program development platform in the financial industry, by the editors of Waters magazine.

"This year, the editors of Waters chose Microsoft .NET as the best program development platform in the financial industry. Microsoft's improved infrastructure provides support, manages patches and upgrades, and addresses security issues promptly," said Phil Albinus, editor of Waters magazine.

Waters magazine provides in-depth coverage of financial market data and technology. In recognizing Microsoft, Waters noted that Microsoft .NET balances the competing issues of openness, time to market, security and long-term support.

This is the second consecutive year that Microsoft .NET has been recognized by Waters magazine.

"This award is yet another example of how Microsoft is committed to the securities and capital markets industry," said Kenny McBride, Global Industry Manager for Securities and Capital Markets at Microsoft.

"Microsoft is deserving of this recognition by Waters," said Don Wood, chief operating officer for SunGard Trading and Risk Systems Inc.

Microsoft is a leading provider of software products and technology to the financial services industry. Its customers operate in every area of retail banking, insurance and pensions, and the financial markets.