Mission & Strategy

BIAN’s MISSION is to assist and guide the banking industry towards a consensus-based approach to achieving the vision of a flexible architecture which is closely aligned with business objectives of increased agility and reduced cost by asking leading banks to share their requirements for core services and leading software and services vendors to implement these services based on formally defined semantics .

BIAN has as its STRATEGY to bring together

• banks
• vendors of banking applications and
• service providers

in a community to achieve synergies by collaborating on a consensus understanding of the requirements for ‘banking enterprise services’ within an SOA framework and the formal description of a banking services landscape. Based on this services landscape it focuses on the semantic definition of banking services capable of meeting those requirements by being implemented on any technology platform and to facilitate ease of integration of these services by encouraging the adoption of existing or new industry semantic standards for messaging.