This file is a harmful and undesirable program. Probably virus. It's recommended to delete it.
What is msvc.exe Windows startup process
File name: msvc.exe
Program name: spool
Description: RANKY.R TROJAN
Information added by: pr2n at 13 September 2008
Hint: If msvc.exe file is a virus or trojan, we recommend to use a antivirus software or registry cleaner.
We are presenting list of Windows processes, startup files.
Name of msvc.exe is spool. Some of them are viruses, so you should use a antivirus program.