Webnews
2012/02/13
BIAN and The Open Group collaborate on open standards in banking IT
London, 13th February 2012: The Banking Industry Architecture Network (BIAN) and The Open Group today announced a partnership to integrate their individual industry frameworks for specific use in the banking industry. Mapping together these frameworks will accelerate project delivery, while dramatically reducing IT integration costs. more
2012/01/31
Setting the Standard for Interoperability
Hans Tesselaar, Banking Industry Architecture Network - 31 Jan 2012
Publication: GTNews
For large financial organisations, the costs associated with IT integration often make or break the business case for the deployment of new applications and purchased packages required to improve customer propositions and increase back-office effectiveness.
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2012/01/12
Why standards are key
Hans Tesselaar, Executive Director of BIAN
Publication: Banking Technology
More than ever, banks must adapt to a rapidly changing business environment in order to remain competitive. Financial institutions need to deliver innovative products that enhance the customer experience. At the same time, they have to increase flexibility and reduce costs. However, banks' IT infrastructures are slowing them down by a lack of interoperability.
Every year, the banking industry spends billions on IT projects and proprietary platforms - analyst house Ovum predicts IT spend in financial services will increase to $90 billion by 2015. All players face the same challenges: obsolete software, high integration costs, complex IT systems and a limited choice of off-the-shelf software.
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2012/01/11
BIAN welcomes IBM as newest member and on to BIAN Board of Directors
London – January 11th, 2012 – BIAN, the Banking Industry Architecture Network, today welcomes IBM as the newest member to its community which promotes standards within banking. As well as becoming a full member of the BIAN community, Chae An, IBM’s vice president of financial services solutions, will take a position on BIAN’s Board. Since its inception in 2008, BIAN’s mission has been to establish a service-oriented architecture (SOA) standard in the banking industry. Having gained significant momentum – in 2011, BIAN signed nine new members, and launched its new service landscape – the organisation is entering a new stage of maturity. The addition of prominent banking technology visionary, IBM, to the Board is the catalyst to delivering standards with greater quality at a faster pace, ultimately ensuring successful embedment within the industry. more
2011/12/14
New Year, New Trends
Analysis by Mark Gunning, Director of Banking Solutions at Temenos on MobileMarketing more
2011/09/20
BIAN announces three new members: KUTXA, INFOSYS AND CORETRANSFORM
Sibos, Toronto – September 20th, 2011 – BIAN, the Banking Industry Architecture Network, today welcomes three new members into its international community. Kutxa, a Spanish bank, Infosys, the business consulting and technology services provider, and COREtransform, a management consultancy based in Germany, have joined BIAN’s growing network. more
2011/08/03
SOA in 2011: BIAN Releases SOA-Based Framework to Cut Integration Costs for Banks
Worldwide, banks are facing the challenge of significantly reducing IT integration costs, said Hans Tesselaar, Program Director at ING Bank and a BIAN member. “As a result, the banking industry is looking for a blueprint from which banks can develop architecture roadmaps that support flexible integration within their existing application landscape as well as with external solutions,” he said. more
2011/07/07
BIAN Announces a Reference Framework for the Banking Industry
New Service Landscape Package for Greater Interoperability
Frankfurt am Main, Germany – July 7, 2011- Banks worldwide continue to face the challenge of significantly reducing IT integration costs and facilitating the selection of commercially available software solutions to support their banking transformation projects. As a result, the banking industry is looking for a blueprint from which banks can develop architecture roadmaps that support flexible integration within their existing application landscape as well as with external solutions, and which also provides a framework for Software Vendors to build intellectual property.
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2011/07/05
BIAN expands with addition of new members, Commonwealth Bank of Australia, Rabobank Group, Scotiabank and ACI Worldwide
Frankfurt am Main, Germany – July 5, 2011 – The Banking Industry Architecture Network (BIAN) is proud to announce that four organizations, Commonwealth Bank of Australia, Rabobank Group, Scotiabank and ACI Worldwide have joined BIAN and expanded the worldwide reach of the organization. BIAN supports the vision of global IT industry standards which enable banks to lower integration costs, minimize IT risk, and thus allow banks to focus on their strategic priorities. With its members representing banks, software vendors and system integrators, BIAN is looking forward to working closely with the new members to continue collaborative efforts in defining and implementing standardized specifications of enterprise services interfaces. The joint deliverables are expected to reduce integration costs of bank transformation projects. more
2011/06/07
IFX FORUM AND BIAN COLLABORATE ON INTEROPERABILITY PROOF-OF-CONCEPT PROJECT
Joint Working Group Will Focus Initially on "Payment Execution" and "Manage Party" more
2010/10/28
BIAN Analytics Working Group Publishes First Set of Deliverables on Profitability Valuation Aimed at Helping Banks
FRANKFURT, GUETERSLOH AND WALLDORF, Germany — Oct. 28, 2010 — SAP AG (NYSE: SAP) and the Banking Industry Architecture Network (BIAN), in cooperation with the BIAN Analytics working group, today announced the publication of two white papers on profitability valuation. The results highlighted represent a true opportunity for banks to accelerate the replacement of inflexible analytical systems with solutions based on a more flexible service-oriented architecture- (SOA) based analytic environment. This first set of deliverables from the group has resulted from collaboration with three key contributors to the working group: SAP, syskoplan AG and zeb/.
The BIAN Analytics working group is focused on the analytical systems of banks, which are often characterized by a large number of interfaces from operational systems. By employing an SOA-based analytical environment, banks can reduce the integration costs of their systems and enable software vendors to develop the required products more quickly, flexibly and with less effort.
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2010/06/22
Cooperation Between FERNBACH-Software and BIAN Bears Fruit
Luxembourg and Frankfurt. Since international software provider FERNBACH-Software joined the independent industrial association BIAN (Banking Industry Architecture Network) in 2008, their work has come a long way. FERNBACH is not only the Chairman of the Lending working group but has also worked with SAP and other working group members to prepare the first set of deliverables. Together, FERNBACH and BIAN aim to simplify implementation of SOA (service-oriented architecture) and to strengthen interoperability between individual software modules. Existing standard technologies and specifications will be used to create a comprehensive framework for specialised semantically defined services for the banking industry. This framework will in turn directly influence FERNBACH’s FlexFinance® Lending solution. Read the whole article >> more
2010/05/14
Banking industry players seeking SOA interoperability
May 14, 2010, SearchSOA.com - SOA Talk blog, posted by Rob Barry. "It is interesting to see how SOA has been moving from a way of exposing key application functions as reusable services within an enterprise to a methodology increasingly standardized across corporate lines. In industries where there is a lot of service-level communication between partners — such as in utilities and banking — organizations are emerging to standardize some of the services involved..."
Read the whole article >>
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2010/05/11
DEFINING STANDARDS TOGETHER: UNICREDIT GROUP JOINS BIAN
Frankfurt am Main, Germany – May 11, 2010 – In support of the vision that setting industry standards will enable banks to minimize IT risk and integration costs, focus on their strategic priorities and allow a much closer alignment between the business and IT sides, UniCredit Group has joined the Banking Industry Architecture Network (BIAN). With its various members from the banking, software vendor and system integrator industries, BIAN is proud to announce the addition of UniCredit and is looking forward to closely working with UniCredit to continue further collaborative efforts in defining and implementing standardized specifications of enterprise services interfaces. The joint deliverables are expected to reduce integration efforts and support banking services produced both in-house as well as commercially. more
2010/03/05
SunGard - The Well Managed Bank
“The financial crisis has led many banks to realize that they need a prudent, long-term balanced view of their business. As the global economy begins its recovery, banking leaders are refocusing on their core business principles; they’ve recognized that their sustainability is provided by their customers; that their business operations rely on the expertise of their staff, however much this is leveraged with technology; and that their capital represents their ability to survive into the future.” more
2009/12/09
IFX FORUM AND BIAN SIGN MEMORANDUM OF UNDERSTANDING
WAKEFIELD, Mass., USA – Dec. 9, 2009 – The Interactive Financial eXchange (IFX;http://www.ifxforum.org) Forum and the Banking Industry Architecture Network (BIAN;http://www.bian.org) announced today that the two organizations have signed a Memorandum of Understanding (MOU) outlining plans to collaborate in developing and furthering the adoption of standards that enhance interoperability within the banking industry. more
2009/12/07
SAP® Solutions Further Help Banking Industry Gear for Clear Future
BIAN was mentioned in a press release launched by SAP on December 7, 2009, including a quote from Dieter Buehler, ZKB.
“[…] Playing an active role in the independent association Banking Industry Architecture Network (BIAN) , SAP will provide banks the enterprise services that best fit their needs, because the services are built and designed by peer banks. […]”
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2009/09/15
Banks See BIAN on Their SOA Roadmaps
As the banking industry transitions to a service-oriented architecture (SOA) for its IT systems, the Banking Industry Architecture Network (BIAN) is working with other major standards bodies in the financial services sector, to lead the way. more
2009/07/16
Temenos announces first T24 Model Bank BIAN alignment initiatives
Temenos demonstrates ongoing commitment to BIAN by showcasing the first phase of Model Bank development to help ease the journey for banks moving to a service-oriented architecture
GENEVA, Switzerland, 16th July 2009 – TEMENOS (SWX: TEMN), the global provider of integrated core banking systems and a founding member of the Banking Industry Architecture Network (BIAN), today revealed a set of development initiatives undertaken to align T24 Model Bank with the first set of BIAN standards published on Monday. This includes the recent launch of T24 R09, the latest release of TEMENOS T24 (T24), signifying the first release of a set of Model Bank banking services, which have been aligned with the work being done through BIAN on the banking Services Landscape. Its work highlights the company’s dedication to the Service Oriented Architecture (SOA) model and supports BIAN’s aim to help accelerate the adoption of standards for the industry.
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2009/07/13
Microsoft Announces First Major Milestone
REDMOND, Wash. — July 13, 2009 — Microsoft Corp. today announced that the Banking Industry Architecture Network (BIAN) alliance has published the first major banking industry information technology (IT) services standards to its members and the banking community at large. more
2009/05/05
BIAN readies first deliverables
The Banking Industry Architecture Network (BIAN) is set to publish its initial deliverables in June, somewhat over a year after it was spun out of an SAP-led initiative (IBS Online, May 2008). Those deliverables, which will be available to the industry as a whole, will comprise documents covering the services landscape, meta-model definition, services lifecycle management, and service repositories and registries, plus business definitions for service lifecycle management, payment agreements, payment execution, clearing and settlement, business partners, business partner agreements, and business partner relationships. more
2009/03/27
A Standard is a Standard is a ...
When can one say that a certain type of consensus is worth being called a standard? Let us exclude - for the moment; I might come back to this - the question of formality and ownership. So I am not going to discuss if the term standard depends on the body owning or maintaining this or what the difference between a standard and a de facto standard is. more
2009/03/26
BIAN: Defining the Service Landscape
BIAN is breaking down banking functionality into discrete modules, and defining service interfaces to those modules. BIAN calls this breakdown the Service Landscape. Let's examine what the Service Landscape looks like. more
2009/02/06
New BIAN Chair and Vice Chair
Bob Stutz, SAP AG and Dr. Thomas Mangel, Postbank Systems AG have been elected at the last BIAN Board Meeting as the new Chair and Vice Chair of BIAN. more
2008/10/21
FERNBACH-Software tritt dem Banking Industry Architecture Network (BIAN) bei
FERNBACH-Software, a global leader providing sophisticated component-based solutions is pleased to announce that it has joined the Banking Industry Architecture Network (BIAN). more
2008/10/01
CGI joins Banking Industry Architecture Network BIAN
Industry Association Supports Banks in Their Journey to SOA
Montreal, Quebec, October 1, 2008 - CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a global leader in information technology (IT) and business process services is pleased to announce that it has joined Banking Industry Architecture Network (BIAN).
BIAN's goal is to enable banks to rapidly adapt their IT systems to strategic and operational business changes and to enhance interoperability between banks. To achieve this, BIAN seeks to accelerate the adoption of Service Oriented Architecture (SOA) in the banking industry, fostering easier and more cost effective integration of SOA for financial institutions. CGI Group Inc. (TSX: GIB.A; NYSE: GIB), a global leader in information technology (IT) and business process services is pleased to announce that it has joined Banking Industry Architecture Network (BIAN).
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2008/08/01
High Cost of SOA Yields Cooperation
There’s scarcely a bank in the U.S. that doesn’t have an SOA strategy—the competitive pressures to move beyond legacy systems and create a flexible IT environment have filtered their way down to all but the smallest Main Street banks. And though it’s been the next big thing for a handful of years, only a few ISVs have built true SOA components that banks can buy off-the-shelf and implement. more
2008/05/28
Commentary: SOA support for banks
Oliver Kling and Koen Van den Brande explain how the newly launched Banking Industry Architecture Network will help smooth the way for SOA. more
2008/05/01
SAP and Microsoft Join Together with Leading Industry Players and Global Banks in a New Association to Help Banks Establish a Service-Oriented Architecture
Key Banking Software Vendors Found Association: Callataÿ & Wouters, Microsoft, SAP, SunGard, Temenos. Leading Service Providers First to Join Association: AXON, Finanz IT, ifb group, Steria, SWIFT, Syskoplan Leading Global Banks First to Establish Association: Deutsche Bank, Credit Suisse, ING, Deutsche Postbank, Standard Bank, Zürcher Kantonalbank more
2008/04/30
SunGard is a Founding Member of Banking Industry Architecture Network
SunGard (http://www.sungard.com) announced that it is a founding member of the Banking Industry Architecture Network (BIAN). BIAN is a new association, formed by leading software and financial industry firms and banks, aimed at helping banks to move to a service oriented architecture (SOA) by openly sharing technical and domain expertise to apply SOA principles and methodologies. Creation of the network was announced today by SAP. more
2008/04/30
Temenos joins leading industry players and global banks to form BIAN committed to establishing SOA standards
TEMENOS Group (SWX:TEMN), the provider of integrated core banking systems, today announced that it is one of the founding members of the newly launched industry association, Banking Industry Architecture Network (BIAN). Led by global tier one banks and industry leading vendors including among others Temenos, Microsoft, SAP, SunGard and S.W.I.F.T., this independent body will drive the creation of SOA standards for the banking industry. more
