Microsoft Azure Services Platform

Another announcement at PDC today from Ray Ozzie was the Azure Services Platform. This is an Internet-scale cloud services platform hosted in Microsoft data centers, which provides an operating system and a set of developer services that can be used individually or together. Azure’s flexible and interoperable platform can be used to build new applications to run from the cloud or enhance existing applications with cloud-based capabilities. Its open architecture gives developers the choice to build web applications, applications running on connected devices, PCs, servers, or hybrid solutions offering the best of online and on-premises.

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Key components of the Azure Services Platform include the following:

  • Windows Azure for service hosting and management, low-level scalable storage, computation and networking
  • Microsoft SQL Services for a wide range of database services and reporting
  • Microsoft .NET Services which are service-based implementations of familiar .NET Framework concepts such as workflow and access control
  • Live Services for a consistent way for users to store, share and synchronize documents, photos, files and information across their PCs, phones, PC applications and Web sites
  • Microsoft SharePoint Services and Microsoft Dynamics CRM Services for business content, collaboration and rapid solution development in the cloud

Windows Azure is a cloud services operating system that serves as the development, service hosting and service management environment for the Azure Services Platform. Windows Azure provides developers with on-demand compute and storage to host, scale, and manage internet or cloud applications. Windows Azure supports a consistent development experience through its integration with Visual Studio. In the early stages of CTP, .NET managed applications built using Visual Studio will be supported. Windows Azure is an open platform that will support both Microsoft and non-Microsoft languages and environments. Windows Azure welcomes third party tools and languages such as Eclipse, Ruby, PHP, and Python. This further solidifies Microsoft’s wiliness to open up the developer platform.

As you can see below, the Azure Services Platform aligns quite well with the Microsoft vision of Software-plus-Services and overall services strategy by offering customers, developers, and businesses a transformation in connecting devices, business, productivity, and software. Azure provides the backbone for Microsoft’s cloud based computing platform.

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Azure is a platform that will complement your existing IT environments or data centers by providing services in the cloud. the cloud based processing runs in Microsoft’s data centers and is optimized for cloud computing scenarios. You may be asking, "will Microsoft continue to innovate and invest in Server products"? Of course, the Windows Server tram addressed this right away on the Windows Server blog. They say:

We will continue to innovate and ship Windows Server for both on-premise application and infrastructure scenarios and will ensure that customers continue to have choice in choosing the platform that best meets their need, whether on-premise or in the cloud. – Bill Hilf, General Manager, Windows Server

http://blogs.technet.com/windowsserver/archive/2008/10/27/pdc-2008-azure-services-platform-and-windows-server.aspx

 

Overview Video

http://images.video.msn.com/flash/soapbox1_1.swf<\/embed><\/div>";” alt=””>

If you want some more information there are some initial source out there:

 

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New Financial Components Released for Insurance and Capital Markets

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Claims Processing Reference Architecture

Claims Processing Reference Architecture provides quality services in the field of Auto Insurance Claims Processing however these components can be leveraged for other forms of claims processing such as: Home, Medical, Mortgage, and other general claims processing services to work on behalf of clients for better advanced services. Today, global insurance industry is facing a challenge to provide cutting edge services and value added customer experience coupled with faster response time and easily adaptable services. Like with the other Financial Services architectures released, this reference architecture leverages the ACORD standard throughout. This insurance interoperability with both Commercial Off The Shelf (COTS) and custom built applications in your enterprise.

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Shown above is the flow and business process demonstrated in the reference architecture. There are multiple personas involved from third parties, agents and internal personal such as various underwriters.

All of this workflow is managed from Windows Workflow Foundation (WF) and uses various technologies to implement.

Demo

 

Get the code and the binary installers: Claims Processing Reference Architecture

 

Capital Markets Structured Product Creation

This reference architecture addresses the space of structured product creation.  This is unique and complex process in capital markets. This is due largely to non standardization and isn’t often like anything the bank is already trading. This presents a problem in that these types of deals are unlikely to be captured in a core trading system immediately.

Below is an illustration of the process captured from the creation of the product to selling and finally managing that product.

image

Demo

 

Get the code and the binary installers: Capital Markets Reference Architecture

 

Refreshed Installers Available

  1. Broker Commissions Reference Architecture
  2. Loan Origination Reference Architecture
  3. Online Banking Reference Architecture

 

Get the code and the binary installers: Claims Processing Reference Architecture

 

Capital Markets Structured Product Creation

This reference architecture addresses the space of structured product creation.  This is unique and complex process in capital markets. This is due largely to non standardization and isn’t often like anything the bank is already trading. This presents a problem in that these types of deals are unlikely to be captured in a core trading system immediately.

Below is an illustration of the process captured from the creation of the product to selling and finally managing that product.

image

Demo

 

Get the code and the binary installers: Capital Markets Reference Architecture

 

Refreshed Installers Available

  1. Broker Commissions Reference Architecture
  2. Loan Origination Reference Architecture
  3. Online Banking Reference Architecture

 

Get the code and the binary installers: Claims Processing Reference Architecture

 

Capital Markets Structured Product Creation

This reference architecture addresses the space of structured product creation.  This is unique and complex process in capital markets. This is due largely to non standardization and isn’t often like anything the bank is already trading. This presents a problem in that these types of deals are unlikely to be captured in a core trading system immediately.

Below is an illustration of the process captured from the creation of the product to selling and finally managing that product.

image

Demo

 

Get the code and the binary installers: Capital Markets Reference Architecture

 

Refreshed Installers Available

  1. Broker Commissions Reference Architecture
  2. Loan Origination Reference Architecture
  3. Online Banking Reference Architecture

 

Get the code and the binary installers: Claims Processing Reference Architecture

 

Capital Markets Structured Product Creation

This reference architecture addresses the space of structured product creation.  This is unique and complex process in capital markets. This is due largely to non standardization and isn’t often like anything the bank is already trading. This presents a problem in that these types of deals are unlikely to be captured in a core trading system immediately.

Below is an illustration of the process captured from the creation of the product to selling and finally managing that product.

image

Demo

 

Get the code and the binary installers: Capital Markets Reference Architecture

 

Refreshed Installers Available

  1. Broker Commissions Reference Architecture
  2. Loan Origination Reference Architecture
  3. Online Banking Reference Architecture

Updates to the Financial Services Component Library

Hello everyone! More news on the Financial Services Component Library front.  I have developed a series of videos that give a solution overview. These are helpful for those that want to see these components in action before downloading.

There have also been updates to the source code and the MSI installers.

Links

See below for links to the projects:

Videos

Videos of the components have been uploaded as well:

Broker Commissions

http://images.video.msn.com/flash/soapbox1_1.swf
Video: Broker Commissions Reference Architecture

Life Insurance

http://images.video.msn.com/flash/soapbox1_1.swf
Video: Life Insurance Reference Architecture

Online Banking

http://images.video.msn.com/flash/soapbox1_1.swf
Video: Online Banking Reference Architecture

Life Insurance

http://images.video.msn.com/flash/soapbox1_1.swf
Video: Life Insurance Reference Architecture

Online Banking

http://images.video.msn.com/flash/soapbox1_1.swf
Video: Online Banking Reference Architecture

Life Insurance

http://images.video.msn.com/flash/soapbox1_1.swf
Video: Life Insurance Reference Architecture

Online Banking

http://images.video.msn.com/flash/soapbox1_1.swf
Video: Online Banking Reference Architecture

Life Insurance

http://images.video.msn.com/flash/soapbox1_1.swf
Video: Life Insurance Reference Architecture

Online Banking

http://images.video.msn.com/flash/soapbox1_1.swf
Video: Online Banking Reference Architecture

Presentation: Changing the Face of Banking Development

It’s amazing how many e-mails I have received so far about sharing my presentation. So instead of sending to a few people I would like to share it with all of you. Keep in mind that with any presentation the deck is just a tool for communicating, I usually talk to a slide and not really follow bullet point. Also, with the publishing process the demos can’t be seen, some of the animations broke and there is no voice over. This should give you a better feel for the presentation though.