Apr 22, 2013
London/ Frankfurt, April 18th 2013 - BIAN, the Banking Industry Architecture Network, today welcomes four new members to its increasingly global and diverse community, including two more banks: PNC Financial Services Group, its first U.S. bank and one of the U.S.’s leading providers of retail and business banking, and development bank KfW Bankengruppe, one of Germany’s three largest banks.
BIAN also welcomes software solution providers Nucleus Software and the Asseco Group to the collaborative community which is working to establish standards for service-oriented architecture (SOA) in the banking industry. This brings the total BIAN community to 38 members: 17 banks, 20 technology providers and service integrators, and one academic partner.
These latest members join BIAN at a dynamic time in the community’s development, just weeks after the launch of the new Service Landscape, version 2.0 (‘SL 2.0’). This blueprint of core banking system building blocks was a significant step in the BIAN mission to deliver full banking functionality Service Domains. When complete, the BIAN Service Landscape will allow banks to improve business agility and make significant cost savings on IT integration, which can be as much as triple the purchase costs of the original software.
Hans Tesselaar, executive director of BIAN commented: “The inclusion of our first U.S. bank, combined with further expansion into Asia and Eastern Europe, will be critical in supporting BIAN work in these markets. What’s more, the unique expertise of KfW Bankengruppe will enable us to set up new working groups to develop specific development bank Service Domain definitions, adding a further dimension to next year’s BIAN Service Landscape 3.0.
Current regulatory and budget pressures are changing the face of banking IT. This is why we welcome the newest four BIAN members and look forward to benefiting from the diverse skills and specialities this global collection of organisations bring with them.”
Steve Van Wyk, Chairman of the BIAN board and executive vice president, Head of Operations and Technology, PNC Financial Services Group, Inc: “I am convinced that cost pressures and increased banking regulations will lead to a new focus on people, processes and technology within the financial services. To remain the preferred choice for our customers we must become the ‘easy-to-use bank’, providing superior client experience anywhere, at any time, on any device. BIAN is going to support us in achieving the flexible IT infrastructure needed to offer this level of service. This is why we are very proud to be the first U.S. bank joining this vibrant initiative of banks, software providers and system integrators and look forward to working toward the de-facto SOA standard for the banking industry.”
Re-disseminated by The Asian Banker