Articles
December 2011 / January 2012
Publication: Banking Technology
Why standards are key
by Hans Tesselaar, Executive Director at BIAN
May 2011
Banks and suppliers make global agreements in BIAN
Banks, software suppliers and service providers will make sound joint agreements about architecture in BIAN, the Banking Industry Architecture Network. Chaired by Steve Van Wyk, CIO ING Bank, all parties involved are developing a global standard for banking information systems.
Hans Tesselaar, who will take up a key position within BIAN, is the enthusiastic driving force behind the initiative to develop this global open SOA (Service Oriented Architecture) standard for banks. “Steve Van Wyk has been appointed as chair of the Board of Directors of BIAN for two years and has set himself the goal of developing the new standards within this time frame.”
September 2010
Microsoft’s Colin Kerr and SWIFT’s Stephen Lindsay look at the importance of developing standard models for the evolving payments environment
Modelling the future
“…” Every mature payments market has a legacy of payments standards that date back to the 1970s; the bulk of which were typically developed by national payments associations to meet the needs of the local banking industry. Perhaps the only universal standards applied in payments have been those developed by SWIFT, the interbank global messaging network. Of course, in Europe an important goal of the Single European Payments Area (SEPA) was to homogenise payment standards (resulting in ISO 20022 message definitions) in an effort to simplify the exchange of payments data across borders. But each of these standards has primarily been an enabler of communication among industry participants – and less so a model for how internal payment applications should operate within a bank.
Payments are complex transactions that weave through a bank’s internal systems, often across different Technology platforms and data formats, from delivery channel to clearing and settlement mechanisms. As banks re-engineer their systems, there is a growing reluctance to invest in applications built on proprietary ‘standards’ because they add complexity to the current environment. In contrast to this protectionist view of formats and architectures, the development through collaboration of open standards to improve interoperability and reduce costs are rightly viewed as an enabler of efficiencies. Accordingly, the development of standard services and semantic models (as a complement to payments formats) is the essence of what the Banking Industry Architecture Network (BIAN) brings to payments modernisation “...”
View the digital edition on Finance on Windows >>
January 2010
Working together for greater efficiency
Banking Industry Architecture Network:
The standard of the futureBanking Technology Supplement
Case studies that clearly demonstrate how BIAN thinking and results have been adopted:
- Credit Suisse -- Sharing Ideas, Know How, and Resources
- ING -- Better alignment with banking and software partners
- Callataÿ & Wouters -- Help with R&D and Software Implementations
- FERNBACH -- New Strategies for Developing and Managing Products
- SAP -- Reducing Integration Costs
- SunGard -- Making Solutions more Flexible and Cost Efficient
- Temenos -- Streamlining Access to Functionality
April 2009
FERNBACH and BIAN – a Perfect Match
An article in FERNBACH Xnews
No. 4 in 2009 (page2)
November 2008
BIAN - a standard for the Future
An article in Temenos News
ISSUE 18
June 2008
BIAN: The Life of BIAN
An article in IBS Publishing
Martin Whybrow, Editor
ISSUE 17
