04/30: Microsoft Joins SAP, Others in Founding Banking Industry Architecture Network
Posted by Patrick
From the press release:
SAP AG (NYSE: SAP), together with Microsoft Corp., today announced a significant milestone in its mission to help banks establish a service-oriented architecture (SOA) for their business operations. SAP and Microsoft, along with other founding members, have created the Banking Industry Architecture Network (BIAN). The goal of BIAN is to help banks ease the transition to an SOA by gathering together a community of industry-leading players and global banks that will openly share domain and technical expertise to apply SOA principles and methodologies. In employing these principles, banks globally will be able to better respond to changing customer needs and reduce risk and cost of re-engineering legacy systems toward a more flexible operational environment.
Based on the foundation of the Industry Value Network (IVN) for Banks created by SAP, 17 founding members have launched BIAN: AXON, Callata˙ & Wouters, Credit Suisse, Deutsche Bank, Finanz IT, ifb Group, ING, Microsoft, Deutsche Postbank, SAP, Standard Bank, Steria, SunGard, S.W.I.F.T, Syskoplan, Temenos and Zürcher Kantonalbank. The announcement was made at a signing ceremony, where members gathered for the official launch of the BIAN association.
Based on the foundation of the Industry Value Network (IVN) for Banks created by SAP, 17 founding members have launched BIAN: AXON, Callata˙ & Wouters, Credit Suisse, Deutsche Bank, Finanz IT, ifb Group, ING, Microsoft, Deutsche Postbank, SAP, Standard Bank, Steria, SunGard, S.W.I.F.T, Syskoplan, Temenos and Zürcher Kantonalbank. The announcement was made at a signing ceremony, where members gathered for the official launch of the BIAN association.
