2009 February 02

Jours fixes take place on the first monday of the month, starting at 5:00 p.m., in the House of Finance (Campus Westend).

[Oliver Kling, Firma BIAN]

The market of and for financial services is changing on a constant basis. New banking  models are implemented currently and further models are visible on the horizon. This trend however is slower than it could be as a major hindrance for the implementation - the IT-integration - is slowing done this move. IT integration cost hit any project beyond a single IT enviroment may it be the simple purchase of a COTS-product or the in- or outsourcing of parts of the business. One of the major driver - if not the biggest driver - for these high costs is the missing common understanding / standard of banking specific IT on an application / semantic level. BIAN - the Banking Industry Architecture Network - is addressing this by a focus on banking IT landscape and the idea of a common set of banking services on a semantic level. Via a joint understanding the target of BIAN is to achieve a standard for the semantic definition of services. This presentation starts with a short overview of BIAN to move quickly to the question of standardization and how the work of BIAN tries to address the challenge of Integration.