What’s the Future of the Financial Services Industry?
Multiple high-street banks have announced closures in recent months, with Lloyds Banking Group, for example, reporting plans to shut over 150 branches. Why are we seeing these closures and what does it mean for the future of the industry?
The Future of Financial Services
Interview with Shanker Ramamurthy from IBM & BIAN Baord Member (page 22 - 25)
Taking Open Banking one step further
Open Banking is already proving to be a significant disruptor in the current financial services market. It’s providing a new way to elevate customer experience by harnessing data to improve services and offer a much wider range of products. But what if Open Banking could be taken one step further? Imagine an ecosystem that goes beyond the standard format and instead reaches customers outside of but related to financial services, enabling banks and financial institutions to offer an even wider range of products. Alexandra Leonards spoke to Hans Tesselaar, executive director for the Banking Industry Architecture Network (BIAN), about the opportunity to expand and adapt Open Banking.
BIAN’s “bank on a page”approach looks prescient.
Thirteen years later, BIAN’s “bank on a page”models of standardised semantics looks less peculiar and more prescient – and any organisations on the outskirts of membership that had not recognised the ever growing cost for IT integration/modernisation certainly now have.
BIAN Adoption in the Nordics
BIAN adoption in the Nordics, experiencing steady progress! Hereby explanation on BIAN by Rasmus Stromsted, Head of Architecture Service Delivery at Nordea. Powered by Dasnk-IT
Ian Guy Gillard explaining the Coreless bank at SIBOS
Ian Guy Gillary, Member of the BIAN Board & Executive Vice President, Office of the President at Bangkok Bank Public Company Limited
BIAN (Banking Industry Architecture Network) and the Archimate’ Modeling Language
Patrick Derde, Architect and BIAN Trainer
What is Open Banking and how does it impact accountants?
by Hans Tesselaar, Executive Director of BIAN Read Interview
Enterprise Architecture Means Thinking Business First, then Technology
by Steven Van Wyk, Chairman of the Board of BIAN & Executive Vice President and Head of Technology & Operations, The PNC Financial Services Group Read Interview
Technology integration drains banks’ IT budgets, BIAN to the rescue: Hans Tesselaar
BIAN aims to bring down integration cost in banking industry. Hans Tesselaar, Executive Director at BIAN, talks about models & APIs to lower the challenges and costs of integration. BIAN helps banks to modernize and move away from legacy technologies.
Banking Innovation means thinking Customers first, then Business, then Technology.
But you can’t do it alone. Global collaboration is the key success factor. Interview with Business Reporter, UK Read Article