Luxembourg & Frankfurt, 22 June 2010 – Since international software provider FERNBACH-Software joined the independent industrial association BIAN (Banking Industry Architecture Network) in 2008, their work has come a long way. FERNBACH is not only the Chairman of the Lending working group but has also worked with SAP and other working group members to prepare the first set of deliverables. Together, FERNBACH and BIAN aim to simplify implementation of SOA (service-oriented architecture) and to strengthen interoperability between individual software modules. Existing standard technologies and specifications will be used to create a comprehensive framework for specialised semantically defined services for the banking industry. This framework will in turn directly influence FERNBACH’s FlexFinance® Lending solution.