BIAN Blog

Recovery and resolution: Why bank technology must be flexible and robust

2014/01/13
by Hans Tesselaar, Executive Director of BIAN
Publication: Bobsguide

Hans Tesselaar is the executive director of the Banking Industry Architecture Network (BIAN), a worldwide not-for-profit with over 45 tech and banking members, dedicated to creating a de-facto o...
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‘What’s SOA got to do with it’

2013/11/18
by Hans Tesselaar, Executive Director at BIAN
Publication: Bobsguide

Hans Tesselaar is the executive director of the Banking Industry Architecture Network (BIAN), a worldwide not-for-profit with over 30 tech and banking members, dedicated to creating a de-facto op...
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Inefficiencies and inadequacies - the tricky, techy truth

2013/10/30
by Hans Tesselaar, Executive Director at BIAN
Publication: FINEXTRA

Our banks run on enormously complex IT systems. This is not new information – much has been said of the challenges facing banks as these archaic systems struggle to answer the pressures of a mo...
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Banks and start-ups: collaboration is the name of the game

2013/10/03
by Hans Tesselaar, Executive Director at BIAN
Publication: FINEXTRA

Banks have long been trusted to care for our money, and for good reason. These highly skilled organisations have centuries of experience in the development and evolution of financial products and...
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STANDARDS AND CENTRAL BANKS: HOW CAN SOA SUPPORT SYSTEM STABILITY?

2013/09/30
by Hans Tesselaar, Executive Director at BIAN
Publication: Global Banking and Finance Review

Regulations are oftentimes treated with suspicion by banks and other financial institutions. Any restriction on their ability to operate as a business can be seen by the ...
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Who's afraid of the big, bad bank?

2013/09/25
by Hans Tesselaar, Executive Director at BIAN
Publication: FINEXTRA

We are now five years on from the Credit Crunch of 2008 and the scars of past bank instability can still be seen. As such it is unsurprising that policymakers are now looking at new solutions for...
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Sibos 2013: Day 4 Report – Africa and Middle-East focus, vox pops and tech winners

2013/09/19
by Hans Tesselaar, Executive Director at BIAN
Publication: bobsguide.com

The fourth and final day of Sibos 2013 focused on the growing Africa and Middle-East region with a whole day devoted to the banking, trading and technology opportunities in the area, writes Neil Ainger. The winners of the Innotribe Challenge were also announced overnight and the technology companies on the exhibition floor share their thoughts on the s...
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BIAN at Sibos: Real Standards For Banking Transformation!

Microsoft Perspectives on Payments and Core Banking in Financial Services

2013/09/12
by Colin Kerr, Worldwide Industry Solutions Manager at Microsoft
MSDN Blog

Today I’d like to introduce you to another of our stand partners. As many of you will have seen from my previous posts, ...
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Splitting out banks: the good, the bad and the risky

2013/08/15
by Hans Tesselaar, Executive Director at BIAN
Publication: RetailBanker

As our financial systems begin to emerge from the ashes of the credit crunch, governments across the world are looking to improve stability in the banking sector. There are a number o...
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The importance of an industry model for central banks

2013/08/20
by Hans Tesselaar, Executive Director at BIAN
Publication: Finextra

The benefits of having a simple structure, easily navigable for both processors and humans in a bank’s architecture are a boon not only to each individual bank, but the bodies that over...
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Challenging the Channel

2013/08/08
by Hans Tesselaar, Executive Director at BIAN
Publication: Finextra

Banks are currently spending 45% of their IT budget on updating channels. This is according to a new whitepaper from Sudhir Varadarajan of software service provider, Tech Mahindra. This e...
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Teaching old dogs new tricks

2013/07/04
by Hans Tesselaar, Executive Director at BIAN
Publication: Finextra

Once again the spotlight is on the UK’s banking industry and the need for greater competition. George Osborne used his annual Mansion House speech to renew his commitment to promote more competi...
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Vendors and open IT standards: what's in it for them?

2013/06/27
by Hans Tesselaar, Executive Director at BIAN
Publication: Finextra

Much has been said of the benefits of open standards in banking IT. The introduction of open standards will reduce IT costs and improve banks’ flexibility to develop new and innovative ...
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Lacking a legacy

2013/06/18
by Hans Tesselaar, Executive Director at BIAN
Publication: banking technology

Much has been said about the ‘bank 3.0’ landscape. We all now know that the Generation Y consumer, or the ‘digital native’ customer, demands a new type of banking. From on-line,...
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Singapore: The Place to Learn Bank IT

2012/12/11
by Ivan Schneider, Writer, specializing in financial technology
enterprise efficiency

At SIBOS in Osaka, BIAN announced that the organization has partnered with Singapore Management University to create “SMU Teaching Bank”.

Typically, if you want to gain experience managing the IT aspects of a bank merger, you’ll need on-...
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Building the Bank of the Future – with Standards!

2012/10/22
by Colin Kerr, Worldwide Industry Solutions Manager at Microsoft
MSDN Blog

With Sibos fast approaching, it is about time I introduced you to another of our stand partners. This time though, our partner interview is a little different than with traditional software partners. As ...
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The future of financial services may be banking on SOA

2012/10/05
by Hans Tesselaar, Executive Director at BIAN
Publication: SearchSOA

“It is clear that once industry-wide standards are agreed upon, SOA is the b...
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Why Standards Bodies Need to Stick Together

2012/08/17
by Hans Tesselaar, Executive Director at BIAN
hanstesselaar.ulitzer.com

The need for collaboration between standards bodies – SWIFT, BIAN, OMG, IFX etc – is clear for both banks and software v...
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Service oriented architecture – a ‘playlist’ experience for the financial services

2012/07/31
by Hans Tesselaar, Executive Director at BIAN

I have written at length in the past about the growing importance of flexibility and efficiency in banking IT systems. As competition from emerging markets grows with the rising powers of Asian banks, combined with the inc...
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Shaking off the shackles of outdated legacy systems

2012/07/12
by Hans Tesselaar, Executive Director at BIAN

According to research released a few months ago by Infosys and Ovum, around three quarters of European banks are using outdated core systems. Given the great costs associated with core system renewal, this will come as no s...
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Agility in Architecture – Contradiction in Terms, or Competitive Advantage?

2012/06/27
by SAP AG

Agility and architecture don’t seem to go together too well at first sight: Architecture is strong, steady, sturdy – built to support critical banking applications. But the future of banking lies in agility – being able to respond to the needs of customers quickly, guided by the lightning-fast analysis of huge amounts of data. How can these needs be reconciled?

BIAN believes the answer lies in ...
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Keeping up with banking regulators – there’s an app for that

2012/06/13
by Hans Tesselaar, Executive Director at BIAN

The past couple of years have proven to be a testing time for retail banks. Not only is customer trust and loyalty at an all time low, but the ecosystem itself is changing. Traditional banking practices are being questioned,...
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Asian banks must consider open IT standards

2012/05/30
by Hans Tesselaar, Executive Director at BIAN

In Europe, the open standards movement is gaining momentum. It is increasingly accepted that standards collaboration increases organisational interoperability, ensuring that different systems can communicate effectively, whi...
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SOA: the easy way to structure M&A

2012/04/30
by Hans Tesselaar, Executive Director at BIAN

Merger and acquisition activity in European retail banking is reviving, with talks beginning between La Caixa, the Catalan savings bank, and its smaller competitor, Banca Cívica. These talks have been described as the ‘se...
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Pushing into Gartner's elusive top right magic quadrant?

2012/04/12
by Hans Tesselaar, Executive Director at BIAN

Gartner’s International Retail Core Banking Magic Quadrant is used by many banks as a default shortlist for vendor selection in core system replacement. The coveted top right hand corner – the ‘leade...
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Euro Finance Week - why we need deeper IT discussions

2011/12/01
by Hans Tesselaar, Executive Director at BIAN

Earlier this month, Frankfurt played host to the 14th annual Euro Finance Week, which attracted more than 7,000 attendees. The four day event provided the ideal meeting place for heads of industry in the financial sector to ...
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A Common Vocabulary for Banking Transformation

2011/11/04
by Jens-Peter Jensen, Head of Solution Architecture for the Financial Service Industries at SAP

Were you to find yourself in a hospital emergency room with a broken leg, you could reasonably assume that the doctors, x-ray technicians, and others involved in y...
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Bank interoperability: Work together to cut costs

2011/11/03
by Hans Tesselaar, Executive Director at BIAN

With the G20 meeting this week and the European banking industry coming together at Euro Finance Week on November 14th – 18th, the woes of the industry will no doubt be discussed at length. While issues of debt and lending...
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BIAN: Defining the Service Landscape

2009/03/26
by David Frankel, SAP AG

David Frankel at BIAN

BIAN is breaking down banking functionality into discrete modules, and defining service interfaces to those modules. BIAN calls this breakdown the Service Landscape. Let’s examine what the Service Landscape ...
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