Banking standards alliance recruits Australian banks
(8 July 2011 – Global) The Banking Industry Architecture Network (BIAN) has recruited new members throughout the world, including Commonwealth Bank of Australia (CBA), Rabobank Group, Scotiabank and ACI Worldwide into the Banking standards alliance.
With the latest recruits, the Bian network now comprises 11 major banks and 16 vendors.
The Bian association is based on SAP's Industry Value Network (IVN) for Banks, which the German vendor formed in 2005 as it looked to develop bank-specific business processes for delivering an enterprise-wide software oriented architecture.
It was spun out of SAP in 2008 as an independent, member owned, not-for-profit association to establish and promote a common architectural framework for banking interoperability issues.
The Bian association is based on SAP's Industry Value Network (IVN) for Banks, which the German vendor formed in 2005 as it looked to develop bank-specific business processes for delivering an enterprise-wide software oriented architecture.
It was spun out of SAP in 2008 as an independent, member owned, not-for-profit association to establish and promote a common architectural framework for banking interoperability issues.
Subscribe