Banking On SOA
03 Aug 2007
In this ITP Report article, Rolf Kubli, EDS Fellow, and E.G. Nadhan, Distinguished Engineer, discuss the finance industry and how enterprises can benefit from a service-oriented paradigm.
According to Kubli and Nadhan, a service orientation can serve as a seamless interaction mechanism between business and IT, leading to a continuous alignment of business needs with technological solutions for your enterprise. This kind of seamless service orientation can change the way your company makes use of technology to compete. For financial institutions, this could make it easier to integrate processes after mergers or acquisitions, and it creates more options. It also lays the groundwork for a better customer experience and provides for a single customer view across the enterprise.
Your financial enterprise and others today are faced with basic questions regarding a service oriented architecture:
- How does the paradigm of a service-oriented architecture apply to banking and its IT environment?
- Why are many financial institutions investing in Web services?
- How are they leveraging legacy applications within an SOA framework?
Learn the answers to these questions and more in this informative article.
Download the full Banking on SOA article PDF, 139K