SAP, Microsoft Team on New Financial Services SOA Association

Loraine Lawson

Financial services firms will get an extra bit of help with SOA, thanks to a new association started by Microsoft and SAP. The group -- called the Banking Industry Architecture Network (BIAN) -- will include banks, software vendors and service providers. It will share domain and technical expertise, according to the a Finextra article.


So far, Deutsche Bank, Credit Suisse, ING, Deutsche Postbank, Standard Bank, and Z�rcher Kantonalbank are on board, as well as core banking system vendors SunGard, Temenos and Callata & Wouters. The article took note of some important omissions from the association's roster, including Oracle, IBM and Misys, which already has a partnership with SAP to deliver an integrated banking system that will run on SAP NetWeaver. The article quotes Microsoft's CTO for EMEA financial services, Koen Van den Brande, as saying it's unlikely Oracle or IBM will join because they tend to take "more proprietary approach."


In other news ...


The OASIS consortium will is going to tackle SOA standards for the telecommunications industry. The OASIS Telecommunications Services Member Section (OASIS Telecom) will hone the Web services stack specifically for telecommunications industry and develop common data models to enable the seamless exchange of information between networks and between the network and application domains, according to eWeek. The OASIS Telecom Steering Committee will include technologists from Nortel, Oracle, Microsoft, BEA Systems, NEC and IBM.

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