The Banking Industry Architecture Network: A New Path to Core Systems

The Banking Industry Architecture Network: A New Path to Core Systems Modernization?

Product Type: Market Research Report
Published by: TowerGroup
Published: June 2008
Product Code: R301-1469

Description

A group of primarily European banks and information technology vendors has formed the Banking Industry Architecture Network (BIAN). The purpose of this network is the development of service-oriented architecture (SOA) standards for the banking industry. If successful, BIAN will facilitate the migration of banks from a siloed systems environment to a service-oriented architecture. This TowerGroup ViewPoint discusses the organization and goals of BIAN and reflects TowerGroup's opinion of BIAN's critical success factors.

Table of Contents

Report Coverage
Service-Oriented Architecture
The Banking Industry Architecture Network: Exhibit 1: Founding Members of the Banking Industry Architecture Network
At Last, A New Path to Core Systems Modernization
Critical Success Factors
Summary

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