This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Towers Watson Expands Relationship With Microsoft

Global professional services company Towers Watson (NYSE, NASDAQ: TW) has expanded their alliance with Microsoft Corp. to adapt some of its software applications for the Windows Azure platform. As part of the expanded relationship, Towers Watson has been working closely with Microsoft’s technology centers to develop new processes for its risk-based modeling applications and solutions to exploit the flexibility offered by cloud computing.

“We have been working with Microsoft for many years, covering different technology areas, and this takes the relationship to a new level,” said Mark Beardall, global application leader, Risk and Financial Services, Towers Watson. “Cloud computing offers unique benefits in flexibility and cost effectiveness, and we are delighted to have access to the Microsoft labs to optimize and fully test our products for the cloud. We are one of the very few global companies in this position, and believe it is a compelling differentiator and the alliance underscores our commitment to be a technology leader.”

Over the years, Towers Watson has developed a wide range of software solutions to complement and support its capabilities in actuarial, investment, human resource and risk management. The technology is currently used by many clients including pension funds, insurers, multinational companies and sovereign funds. The alliance with Microsoft will strengthen the modeling software developed by Towers Watson’s risk management businesses, and specific applications are already in the pipeline.

“We are delighted to be strengthening our relationship with Towers Watson in this way,” said Dewey Forrester, senior director, Global Partner Team, Microsoft Corp. “Towers Watson is a company offering a powerful combination of deep consulting expertise and excellent software solutions across multiple industries. Their innovative use of Windows Azure in high-end computing and analytical modeling, will offer customers exceptional value.”

About Towers Watson

Towers Watson (NYSE, NASDAQ: TW) is a leading global professional services company that helps organizations improve performance through effective people, risk and financial management. The company offers solutions in the areas of benefits, talent management, rewards, and risk and capital management. Towers Watson has 14,000 associates around the world and is located on the web at towerswatson.com.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs