This document summarizes a presentation on IT governance in banks. It discusses four revolutions currently impacting banks: 1) banks becoming online retailers, 2) new regulatory regimes enforcing low margins, 3) core banking becoming a commodity, and 4) customers becoming disloyal. It argues that banks need a new architecture to support real-time operations and that shared infrastructure will be the cheapest way to run core banking systems by 2020. The presentation also discusses how banking value chains will splinter, with different players handling the front, middle, and back office functions. It envisions banks establishing marketplaces and using APIs to integrate different providers in the future.
Peter Afanasiev - Architecture of online PaymentsCiklum Ukraine
Payment Service Providers
Merchant Payment Systems
General architecture of a Payment System
Know-hows:
Payment queues with MSSQL Broker
Adapter Polymorphism
Tracing in Service Oriented World
Dynamic configuration editor with ASP.Net MVC
Financial services is under profound pressure to transform: legislative catalysts, heightened customer expectations and new fintech entrants are forcing banks and credit unions to re-consider their role in the banking value chain. Leading organizations are responding by moving from traditional paradigms of branch banking, to Banking-as-a-Service, where the bank becomes a platform of capabilities that can be accessed and monetized via APIs, to both internal and external consumers alike. Attend this session to learn how Coast Capital, Canada's largest credit union, is making this vision a reality.
BIAN Applied to Open Banking - Thoughts on Architecture and ImplementationBiao Hao
At the BIAN Open Day in NYC November 12, 2019, we shared our thoughts on how BIAN Value Chain business areas, Channels, Customers, Products and Operations, provide a context for addressing Open Banking capabilities in a more systematic way, and the implications the decoupled Value Chain have on business models and reference architecture. Sample use cases such as account information and account aggregation, their mapping to related BIAN service domains, and implementation using microservices and pattern for performance are also discussed.
Peter Afanasiev - Architecture of online PaymentsCiklum Ukraine
Payment Service Providers
Merchant Payment Systems
General architecture of a Payment System
Know-hows:
Payment queues with MSSQL Broker
Adapter Polymorphism
Tracing in Service Oriented World
Dynamic configuration editor with ASP.Net MVC
Financial services is under profound pressure to transform: legislative catalysts, heightened customer expectations and new fintech entrants are forcing banks and credit unions to re-consider their role in the banking value chain. Leading organizations are responding by moving from traditional paradigms of branch banking, to Banking-as-a-Service, where the bank becomes a platform of capabilities that can be accessed and monetized via APIs, to both internal and external consumers alike. Attend this session to learn how Coast Capital, Canada's largest credit union, is making this vision a reality.
BIAN Applied to Open Banking - Thoughts on Architecture and ImplementationBiao Hao
At the BIAN Open Day in NYC November 12, 2019, we shared our thoughts on how BIAN Value Chain business areas, Channels, Customers, Products and Operations, provide a context for addressing Open Banking capabilities in a more systematic way, and the implications the decoupled Value Chain have on business models and reference architecture. Sample use cases such as account information and account aggregation, their mapping to related BIAN service domains, and implementation using microservices and pattern for performance are also discussed.
The introduction covers the following
1. What are Microservices and why should be use this paradigm?
2. 12 factor apps and how Microservices make it easier to create them
3. Characteristics of Microservices
Note: Please download the slides to view animations.
Building occasionally connected applications using event sourcingDennis Doomen
I've recently got the opportunity to work on a large enterprise-class system that needs to be deployed on multiple occasionally connected oil platforms and boats. Already the system's architecture was based on the Command Query Separation principles, this gave us a completely new challenge. After several months of looking at alternatives, we decided to go the Event Sourcing direction. In this in-depth session, I'd like you to learn the many alternatives we observed, the pros and cons, and the technical details of our final solution in which we use EventStore 3.0 and elements of NCQRS and Lokad.CQRS to synchronize systems over unreliable connections in a very efficient way.
Transforming Consumer Banking with a 100% Cloud-Based Bank (FSV204) - AWS re:...Amazon Web Services
Customer demands for higher levels of service and value, constantly evolving technology capabilities, and stringent regulatory requirements are all powerful forces reshaping retail banking. Built exclusively on AWS, Starling Bank’s 100% cloud-based, mobile-only banking solution satisfies regulators in terms of its resilience, security, and reliability. It also satisfies consumers by giving them greater control over their data, streamlining the account opening process, accelerating payments, and providing access to innovative new services developed from scratch with open APIs, a developer platform, integration with Apple Pay, Google Pay, and Fitbit Pay and a custom backend ledger and payments integrations. Starling Bank is leading the open banking revolution. In this session, learn how Starling Bank delivers value to their customers and innovates at a very fast pace in a sector that can be slow to evolve.
IBM DataPower Gateway appliances are used in a variety of user scenarios to enable security, control, integration and optimized access for a range of workloads including Mobile, Web, API, B2B, Web Services and SOA. This presentation from the IBM DataPower team provides an in-depth look at each use case.
Migrating large fleets of legacy applications to AWS cloud infrastructure requires careful planning, since each phase needs to balance risk tolerance against the speed of migration.
Through participation in many large-scale migration engagements with customers, AWS Professional Services has developed a set of successful best practices, tools, and techniques that help migration factories optimize speed of delivery and success rate. In this session, we cover the complete lifecycle of an application portfolio migration with special emphasis on how to organize and conduct the assessment and how to identify elements that can benefit from cloud architecture.
Payment Gateway History: An interview with the InventorWayne Akey
Payment Gateways play an integral role in e-commerce and SAAS applications. Hear from Jeff Knowles-the inventor about the challenges and struggles of creating the first Payment Gateway.
My presentation from Nordic APIs 2014 in Stockholm, Sweden.
How can the architecture of one API platform look like? How can you break down things to make this challenge easier?
Any team that has made the jump from building monoliths to building microservices knows the complexities you must overcome to build a system that is functional and maintainable. Building a microservice architecture that is low latency and only communicates using REST APIs is even more tricky, with high latency for requests being a common concern. This talk explains how you can use events as the backbone of your microservice architecture and build an efficient, event-driven system. It covers how to get started with designing your microservice architecture and the key requirements any system needs to fulfil. It also introduces the different patterns you will encounter in event-driven architectures and the advantages and disadvantages of these choices. Finally it explains why Apache Kafka is a great choice for event-driven microservices.
Micro-services architecture is an evolutionary design ideal for evolutionary systems where you can’t fully anticipate the types of devices that may one day be accessing your application
For a while, I've had a vision of banking as a web service based upon widgets of functionality. This is becoming vital if banks are to fit into the semantic web. All of this is explained in my blog entry: http://thefinanser.co.uk/fsclub/2009/02/baas-banking-as-a-service-presentation.html.
Throughout the presentation there are links to the relevant entries here that explains it all too. Feel free to send me any comments or thoughts.
And, for lots more on this, have a look at my directory of social finance http://thefinanser.co.uk/fsclub/2009/04/a-directory-of-social-finance.html.
This slide deck explores the impact of MSA on API strategies and designs and the possible changes in API design and deployment, API security, control and monitoring, and CI/CD.
Watch recording: https://wso2.com/library/webinars/2018/09/apis-in-a-microservice-architecture
AWS adoption in financial services is accelerating, more and more large regulated FS organisations are using AWS to transform their business at scale. Hear from HSBC on how they've been successful in doings so, what are the lessons learnt and recommended best practices.
Developing applications with a microservice architecture (SVforum, microservi...Chris Richardson
Here is the version of my microservices talk that that I gave on September 17th at the SVforum Cloud SIG/Microservices meetup.
To learn more see http://microservices.io and http://plainoldobjects.com
Event-driven architecture is a versatile approach to designing and integrating complex software systems. These systems tend to be easier to model and build. Event-driven architecture is not a new concept, but as more organizations contemplate microservices, this approach to system design has become appropriate in more situations and is worth a fresh look.
The introduction covers the following
1. What are Microservices and why should be use this paradigm?
2. 12 factor apps and how Microservices make it easier to create them
3. Characteristics of Microservices
Note: Please download the slides to view animations.
Building occasionally connected applications using event sourcingDennis Doomen
I've recently got the opportunity to work on a large enterprise-class system that needs to be deployed on multiple occasionally connected oil platforms and boats. Already the system's architecture was based on the Command Query Separation principles, this gave us a completely new challenge. After several months of looking at alternatives, we decided to go the Event Sourcing direction. In this in-depth session, I'd like you to learn the many alternatives we observed, the pros and cons, and the technical details of our final solution in which we use EventStore 3.0 and elements of NCQRS and Lokad.CQRS to synchronize systems over unreliable connections in a very efficient way.
Transforming Consumer Banking with a 100% Cloud-Based Bank (FSV204) - AWS re:...Amazon Web Services
Customer demands for higher levels of service and value, constantly evolving technology capabilities, and stringent regulatory requirements are all powerful forces reshaping retail banking. Built exclusively on AWS, Starling Bank’s 100% cloud-based, mobile-only banking solution satisfies regulators in terms of its resilience, security, and reliability. It also satisfies consumers by giving them greater control over their data, streamlining the account opening process, accelerating payments, and providing access to innovative new services developed from scratch with open APIs, a developer platform, integration with Apple Pay, Google Pay, and Fitbit Pay and a custom backend ledger and payments integrations. Starling Bank is leading the open banking revolution. In this session, learn how Starling Bank delivers value to their customers and innovates at a very fast pace in a sector that can be slow to evolve.
IBM DataPower Gateway appliances are used in a variety of user scenarios to enable security, control, integration and optimized access for a range of workloads including Mobile, Web, API, B2B, Web Services and SOA. This presentation from the IBM DataPower team provides an in-depth look at each use case.
Migrating large fleets of legacy applications to AWS cloud infrastructure requires careful planning, since each phase needs to balance risk tolerance against the speed of migration.
Through participation in many large-scale migration engagements with customers, AWS Professional Services has developed a set of successful best practices, tools, and techniques that help migration factories optimize speed of delivery and success rate. In this session, we cover the complete lifecycle of an application portfolio migration with special emphasis on how to organize and conduct the assessment and how to identify elements that can benefit from cloud architecture.
Payment Gateway History: An interview with the InventorWayne Akey
Payment Gateways play an integral role in e-commerce and SAAS applications. Hear from Jeff Knowles-the inventor about the challenges and struggles of creating the first Payment Gateway.
My presentation from Nordic APIs 2014 in Stockholm, Sweden.
How can the architecture of one API platform look like? How can you break down things to make this challenge easier?
Any team that has made the jump from building monoliths to building microservices knows the complexities you must overcome to build a system that is functional and maintainable. Building a microservice architecture that is low latency and only communicates using REST APIs is even more tricky, with high latency for requests being a common concern. This talk explains how you can use events as the backbone of your microservice architecture and build an efficient, event-driven system. It covers how to get started with designing your microservice architecture and the key requirements any system needs to fulfil. It also introduces the different patterns you will encounter in event-driven architectures and the advantages and disadvantages of these choices. Finally it explains why Apache Kafka is a great choice for event-driven microservices.
Micro-services architecture is an evolutionary design ideal for evolutionary systems where you can’t fully anticipate the types of devices that may one day be accessing your application
For a while, I've had a vision of banking as a web service based upon widgets of functionality. This is becoming vital if banks are to fit into the semantic web. All of this is explained in my blog entry: http://thefinanser.co.uk/fsclub/2009/02/baas-banking-as-a-service-presentation.html.
Throughout the presentation there are links to the relevant entries here that explains it all too. Feel free to send me any comments or thoughts.
And, for lots more on this, have a look at my directory of social finance http://thefinanser.co.uk/fsclub/2009/04/a-directory-of-social-finance.html.
This slide deck explores the impact of MSA on API strategies and designs and the possible changes in API design and deployment, API security, control and monitoring, and CI/CD.
Watch recording: https://wso2.com/library/webinars/2018/09/apis-in-a-microservice-architecture
AWS adoption in financial services is accelerating, more and more large regulated FS organisations are using AWS to transform their business at scale. Hear from HSBC on how they've been successful in doings so, what are the lessons learnt and recommended best practices.
Developing applications with a microservice architecture (SVforum, microservi...Chris Richardson
Here is the version of my microservices talk that that I gave on September 17th at the SVforum Cloud SIG/Microservices meetup.
To learn more see http://microservices.io and http://plainoldobjects.com
Event-driven architecture is a versatile approach to designing and integrating complex software systems. These systems tend to be easier to model and build. Event-driven architecture is not a new concept, but as more organizations contemplate microservices, this approach to system design has become appropriate in more situations and is worth a fresh look.
How temenos manages open source use, the easy way combinedWhiteSource
The extensive use of open source in commercial software requires engineering executives to set processes and measures that will enable their organization and their customers to make the most of what open source can offer without assuming the accompanying risks.
See how Temenos manages their open source components.
We are a leading global IT services and solutions company providing value propositions to our clients in the areas of banking and financial services to redefine and impact the core of their businesses. Since inception in 2003 we transformed into an integrated portfolio of services and solutions with extensive R&D and leveraged many banks in achieving their business objectives. Our extensive exposure to various core banking applications and processes and IT verticals has been our holistic approach in serving our clients with delight.
"No snowflake in an avalanche ever feels responsible" - Voltaire
Enterprise Agile Transformation initiatives are BIG. Change at this scale of thousands is tough. The Leaders, Executives and Internal Change Agents involved in these initiatives are going through their own personal transformation. Change at this scale of one is equally tough.
The heart of enterprise agile that is transforming beats with the hearts of all the leaders, executives and internal change agents going through their own personal transformation. In working with hundreds of executives leading and internal change agents enabling the enterprise agile transformation initiatives, we have seen how the enterprise transformation happens when they bring their heart to the change initiative.
These personal interviews are done thru our own proprietary tool called Influence Maps™
Modernisation Strategy for Science at RBG Kew. The presentation is part of a "toolkit" delivered to help Kew to rationalise, consolidate and integrate disparate & legacy Science Applications and Data.
BaaS-platforms and open APIs in fintech l bank-as-a-service.comVladislav Solodkiy
What is bank-as-a-service? And why it is so necessary for Asia-Pacific region? Download as pdf in English, Chinese, Korean and Japanese on www.bank-as-a-service.com. Read more on http://www.forbes.com/sites/vladislavsolodkiy/2016/08/03/what-asian-banks-can-learn-from-amazon-about-working-for-fintech/
As the financial services industry goes through fundamental transition, we see digitalization as becoming a critical success factor. This talk will cover trends around how cloud and web services can enable you to transform your operating platforms to provide your customers and partners with better experiences.
How to build an online payment app development like pay palNoman Shaikh
PayPal was one of the first entrants in the P2P market, and today it is a leader and pioneer in the space. Today, many businesses worldwide are using PayPal as their payment service provider.
apidays LIVE Hong Kong - Fast Track the Open Banking Ecosystem with Platform ...apidays
apidays LIVE Hong Kong - The Open API Economy: Finance-as-a-Service & API Ecosystems
Fast Track the Open Banking Ecosystem with Platform Business Model
Garry Sien, Principal Advisory Consultant at Alibaba Cloud International
Conversational AI automation in the banking and financial sector has enabled banks to have customer experience, engagement along with improving contact center management, operational efficiency as well as upselling and cross-selling opportunities.
20211027 apidays london - business model innovation final v1.0 (1)apidays
apidays LIVE London 2021 - Business Model Innovation via open APIs by Jeremy Larsson, GrowthSmart Consulting
apidays LIVE London 2021 - Reaching Maximum Potential in Banking & Insurance with API Mindset
October 27 & 28, 2021
From Open Banking to Embedded finance : API driven Business-models
Business Model Innovation via open APIs
Jeremy Larsson, Managing Director at GrowthSmart Consulting Limited
Online Banking 2.0 by Feature Banking MagazineBackbase
Since online banking became mainstream, the web has moved on. Jouk Pleiter of Backbase tells Future Banking how new thinking and technology is helping innovative banks set the pace of change.
INTERFACE, by apidays - A cloud-native approach for open banking in action b...apidays
INTERFACE, by apidays 2021 - It’s APIs all the way down
June 30, July 1 & 2, 2021
A cloud-native approach for open banking in action
Rafael Marins, Principal Product Marketing Manager at Red Hat
Future of Core Banking Systems-M2P FintechM2P Fintech
To keep pace with the changing customer expectations and the competitive landscape, banks need to modernize their core banking platform. Only then can they scale technology innovation, upgrade processes, and re-engineer their workforce to deliver mobile-first, personalized customer experiences while reducing cost and complexities.
https://m2pfintech.com/turing-core-banking/
Put together some slides on BPM while speaking at an IMA-India organized CIO breakfast meeting. Might be useful. I\'m a BPM convert and happy to share my experience.
THE IMPACT OF NEW SYSTEM OF SECURED TRANSACTIONS ON RESPECTIVE OPERATIONS OF ...ArmeniaFED
THE IMPACT OF NEW SYSTEM OF SECURED TRANSACTIONS ON RESPECTIVE OPERATIONS OF FINANCIAL INSTITUTIONS
Presented on STR conference organized by USAID FED on April 3, 2015. See details here: http://www.armeniafed.com/str-conference
THE IMPORTANCE OF SECURED TRANSACTIONS FROM THE PERSPECTIVE OF INCREASING THE...ArmeniaFED
THE IMPORTANCE OF SECURED TRANSACTIONS FROM THE PERSPECTIVE OF INCREASING THE ACCESS TO FINANCE
Presented on STR conference organized by USAID FED on April 3, 2015. See details here: http://www.armeniafed.com/str-conference
Ապահովված գործարքների և գրավի ռեգիստրի հայեցակարգըArmeniaFED
Ապահովված գործարքների և գրավի ռեգիստրի հայեցակարգը
Ներկայացվել է 2015թ. ապրիլի 3-ին ԱՄՆ ՄԶԳ Ֆինանսներ Տնտեսության Զարգացման համար ծրագրի կողմից կազմակերպված համաժողովի ժամանակ: Մանրամասնությունները` http://www.armeniafed.com/str-conference
Secured Transactions and Collateral Registries ConceptsArmeniaFED
Secured Transactions Reform (STR) in Armenia.
Presented on STR conference, organized by USAID FED program on April 3, 2015
See details here: http://www.armeniafed.com/str-conference
ԱՊԱՀՈՎՎԱԾ ԳՈՐԾԱՐՔՆԵՐԻ ՀԱՄԱԿԱՐԳԻ ԵՎ ՀԱՄԱՊԱՏԱՍԽԱՆ ՇԱՐԺԱԿԱՆ ԳՈՒՅՔԻ ԷԼԵԿՏՐՈՆԱՅԻՆ ...ArmeniaFED
ԱՊԱՀՈՎՎԱԾ ԳՈՐԾԱՐՔՆԵՐԻ ՀԱՄԱԿԱՐԳԻ ԵՎ ՀԱՄԱՊԱՏԱՍԽԱՆ ՇԱՐԺԱԿԱՆ ԳՈՒՅՔԻ ԷԼԵԿՏՐՈՆԱՅԻՆ ՌԵԳԻՍՏՐԻ ՆԵՐԴՐՈՒՄԸ ՀԱՅԱՍՏԱՆՈՒՄ, ՆԵՐԴՐՎՈՂ ՀԱՄԱԿԱՐԳԻ ՕՐԵՆՍԴՐՈՒԹՅԱՆ ՆԿԱՐԱԳԻՐԸ ԵՎ ԱՌԱՆՁՆԱՀԱՏԿՈՒԹՅՈՒՆՆԵՐԸ
"Impact of front-end architecture on development cost", Viktor TurskyiFwdays
I have heard many times that architecture is not important for the front-end. Also, many times I have seen how developers implement features on the front-end just following the standard rules for a framework and think that this is enough to successfully launch the project, and then the project fails. How to prevent this and what approach to choose? I have launched dozens of complex projects and during the talk we will analyze which approaches have worked for me and which have not.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
91mobiles recently conducted a Smart TV Buyer Insights Survey in which we asked over 3,000 respondents about the TV they own, aspects they look at on a new TV, and their TV buying preferences.
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
Search and Society: Reimagining Information Access for Radical FuturesBhaskar Mitra
The field of Information retrieval (IR) is currently undergoing a transformative shift, at least partly due to the emerging applications of generative AI to information access. In this talk, we will deliberate on the sociotechnical implications of generative AI for information access. We will argue that there is both a critical necessity and an exciting opportunity for the IR community to re-center our research agendas on societal needs while dismantling the artificial separation between the work on fairness, accountability, transparency, and ethics in IR and the rest of IR research. Instead of adopting a reactionary strategy of trying to mitigate potential social harms from emerging technologies, the community should aim to proactively set the research agenda for the kinds of systems we should build inspired by diverse explicitly stated sociotechnical imaginaries. The sociotechnical imaginaries that underpin the design and development of information access technologies needs to be explicitly articulated, and we need to develop theories of change in context of these diverse perspectives. Our guiding future imaginaries must be informed by other academic fields, such as democratic theory and critical theory, and should be co-developed with social science scholars, legal scholars, civil rights and social justice activists, and artists, among others.
Key Trends Shaping the Future of Infrastructure.pdfCheryl Hung
Keynote at DIGIT West Expo, Glasgow on 29 May 2024.
Cheryl Hung, ochery.com
Sr Director, Infrastructure Ecosystem, Arm.
The key trends across hardware, cloud and open-source; exploring how these areas are likely to mature and develop over the short and long-term, and then considering how organisations can position themselves to adapt and thrive.
Epistemic Interaction - tuning interfaces to provide information for AI supportAlan Dix
Paper presented at SYNERGY workshop at AVI 2024, Genoa, Italy. 3rd June 2024
https://alandix.com/academic/papers/synergy2024-epistemic/
As machine learning integrates deeper into human-computer interactions, the concept of epistemic interaction emerges, aiming to refine these interactions to enhance system adaptability. This approach encourages minor, intentional adjustments in user behaviour to enrich the data available for system learning. This paper introduces epistemic interaction within the context of human-system communication, illustrating how deliberate interaction design can improve system understanding and adaptation. Through concrete examples, we demonstrate the potential of epistemic interaction to significantly advance human-computer interaction by leveraging intuitive human communication strategies to inform system design and functionality, offering a novel pathway for enriching user-system engagements.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
Temenos Architecture for Armenia
1. USAID Finance for Economic Development
(FED) Program
WORKSHOP : “ I T GOV E R N A N C E I N B A NKS ”
MAY 27, 2014
2.
3. The Impact of IT on Banking
John Schlesinger, Chief Enterprise Architect, Temenos
May 2014
4. 4
Topics
Introduction
Banking drivers of change
Four revolutions in Banking
New Banking architecture
Why Shared Infrastructure
Enterprise Platform
Banking Software as a Service
Projecting Bank APIs
Conclusion
5. Presentation Messages
Banks are going through four revolutions all of
which have IT implications
Banks need a new architecture for real time
Banks will need shared infrastructure for all
systems, Software as a Service for Core Banking
We think that all new core banking initiatives will be
in shared infrastructure by 2020
5
6. 6
Food for Thought
Some bankers and analysts think
that Google, Facebook, Amazon or
the like will not fully enter a highly
regulated, low-margin business
such as banking. I disagree. What
is more, I think banks that are not
prepared for such new competitors
face certain death
Quote from article ‘Banks need to take on Amazon and Google or die’ CEO of BBVA
7. Owned
Business
System
7
Internal Use Cases
Banking Drivers
ANALYTICS
Partner
Business
System
MODULARITY
Partner
Business
System
Events In
Events Out
External Use Cases
MOBILE
REGULATION
INTEGRATION
8. Four revolutions in banking
Banks are becoming online retailers
Banks are in a new regulatory regime enforcing low
margins
Core banking is a commodity and on shared
infrastructure is the cheapest place to run it
Customers are no longer loyal
The future is very uncertain, small competitors are very likely
to replace even today’s largest banks
8
9. New Banking Architecture
This banking value chain will splinter
Front Middle Back
Customer
Arrangement
Mobile
Order
Brand
Enables banks to establish a banking marketplace for their
customers
9
Orders
Execution
Holdings
Settlement
Channels
Product
Clearing
Internet
API
Advisor
Counterparty
Product
Execution
Risk
Account Holder
Account
Clearing
Compliance
10. Running the Value Chain
Different banks may implement different parts
Channels Front Middle Back
Do soTmhaenthki nygou SomDeitdh iint g to do Something done
Temenos wants to provide this architecture both ‘front to back’
and as component instances
10
Orders
Execution
Transactions
Holdings
Reports
Settlement
Channels
Product
Clearing
Finished
11. Justification of Shared Infrastructure
Dennard scaling fails
By 2020 multi-core fails
‘dark silicon’
We are moving back to workloads on servers, not servers for
workloads
11
12. 12
Database
Application Server
Cubes
Key
Banking Platform
API (B2C) Gateway
Req
Resp
Activity
Req
Resp
In Out
ESB
To be
Done
Done
Done
To be
Done
CEP MDM
To be
HDFS
Done
To be
To be
Done
Transaction
Row
Data
Integration
Application
Integration
Done ODS
DWH
Domain
Service
ETL
B2B Gateway - BizTalk
To be In
Report Column
The Banking platform requires middleware –
ESB, B2B, B2C, API, AS, ETL and DBMS
13. Software as a Service
Shared stateless binaries but multiple databases
13
Service
Manager
Bank
Users
Bank
Customers
Multi-Tenant
Meta Data
Core Banking
Bank A Bank B Bank C [Co C1] [Co C2]
Multi -Tenant
Management
The Shared Infrastructure can run SaaS with this architecture
for multiple independent banks at lowest cost
14. Complete Banking Service
14
Design Deploy Monitor
Integration Interface
Four R
Interaction Interface
SaaS BPO
Core Banking
SWIFT
ISO 8583
Hi Payment
Regulatory
Risk
GL
DWH
COB
Reconciliation
Lo Payment
Mandates
Credit Cards
Internet Mobile Teller Advisor BPM Recon
Payments
Card Mgt
Statements
Workflow
Content
Case
Reporting
CRM
ISO 20022
Four R
Orders
Holdings
Clearing
Settlement
Any Enterprise
Banking
15. Projecting Bank APIs
15
Banking App Store
Banking
Capability
Other
Banking
Capability
Non banking
Capability
B2C Framework
16. 16
Food for Thought
By 2015, more than 50% of
public Web API
deployments will be to
improve digital customer
experience as an even
more important priority than
net profits
Quote from ‘API Deployment Models That Accelerate Digital Banking’
4 March 2014 Gartner
17. 17
Conclusion
Banks have to become low margin high volume
providers in the middle and back office
Banks have to become high care in the front office
This will cause the banking value chain to splinter
This will lead banks to shared infrastructure for core
banking
