30 July 2014

The Open Group and Bian team on open standards in banking IT

13 February 2012  |  1781 views  |  0 Source: Banking Industry Architecture Network

The Banking Industry Architecture Network (Bian) and The Open Group today announced a partnership to integrate their individual industry frameworks for specific use in the banking industry.

Mapping together these frameworks will accelerate project delivery, while dramatically reducing IT integration costs.

BIAN and The Open Group have collaborated to produce a white paper, in which the core elements of the two individual frameworks have been projected onto each other. This is a practical document, which will be used by enterprise architects within banks and the vendor community who wish to reap the benefits of both architecture frameworks. There are clear synergies in using BIAN's Service Landscape in combination with TOGAF. When applying TOGAF, an Open Group standard, in a banking environment, the BIAN content will speed up the work by providing banking-specific architecture content. On the flip side, TOGAF provides a structured approach and adds value to the BIAN deliverables for the project approach and capability to perform.

Hans Tesselaar, executive director of BIAN, said: "The Open Group is a serious heavyweight in architectural standards. With its project approach and ability to deliver - not to mention its reputation as the anchor point of the standards industry - The Open Group adds much value to the BIAN open standards mission. We expect banks, which have already adopted TOGAF, will also adopt the BIAN standard, and the banking industry can take another step towards interoperability."

Allen Brown, CEO, The Open Group, commented: "Having identified a need within our member base for more thorough standards specifically for banking, we approached BIAN to work together. Its deep banking industry expertise complements The Open Group's industry-independent approach to open standards. Together, we have a rapid and transformative ability to deliver SOA frameworks to global banks and look forward to working with BIAN in the future." 

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