BIAN’s Mission is to assist and guide the banking industry towards a consensus-based approach to achieving the vision of a flexible architecture which is closely aligned with business objectives of increased agility and reduced cost by asking leading banks to share their requirements for core services and leading software and services vendors to implement these services based on formally defined semantics .
BIAN – A Business Service Model for the Banking Industry
BIAN has as its Stragtegy to bring together
- vendors of banking applications and
- service providers
in a community to achieve synergies by collaborating on a consensus understanding of the requirements for ‘banking enterprise services’ within a SOA framework and the formal description of a banking services landscape. Based on this services landscape it focuses on the semantic definition of banking services capable of meeting those requirements by being implemented on any technology platform and to facilitate ease of integration of these services by encouraging the adoption of existing or new industry semantic standards for messaging.
BIAN envisions a SOA-enabled banking industry with both internal and industry-wide agility and flexibility. BIAN supports banks to define their internal services based on industry collaboration and best practices.
BIAN in 2014
Banks are enabled to develop their semantic service definitions on a consistent basis through BIAN to enable internal and commercial SOA-based solutions according to a standardized industry model