SOA eased the way for recent shotgun financial mergers

Better governance, lower operational overhead and an improved risk profile: Financial institutions, including banks, have always grown through acquisition. In fact, SOA was originally introduced in the financial services industry to help mitigate the risk of operational disruption during the integration process. Two keys to the rapid, large-scale mergers and acquisitions we?re seeing today are alignment in canonical message formats and effective linkage with master data management (MDM) processes. These elements smooth interoperability among independently developed SOA-based environments and limit the cost and risk associated with ?shotgun? mergers.

In addition, clear visibility into file transfer activity--including secure, reliable delivery and exception-based alerting--increase governance and limit operational overhead in large-scale, dynamic, SOA-based environments. Financial institutions that get this short list of right things right will emerge from these large-scale mergers with better governance, lower operational overhead and an improved risk profile.

Daryl Eicher
VP, Industry Solutions
Axway Inc.; Posted by: DarylEicher Posted on: 12/12/08 (Edited: 12/12/2008 @ 01:43) You are currently: a Guest | Members login | Terms of Use