Banking Architecture

Founded by Siddharth Udani
Group founded 04 Sep 2008
Posts 77
Members 49
Group summary

A community for discussing the latest happenings in banking IT. Credit Crunch impacting Risk Systems overall, revamp of mortgage backed securities, payment transformations, include business, technology, data and systems architecture capturing IT trends, 'what to dos?' concerning design of systems.

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Chandra Shekaran

Core Payments Modernisation: Managing the Speed of Change to Ever-Growing Complexity and Demands

The payments industry has been in a state of flux for more than a decade. The confluence of changes mandated by the various industry initiatives, growing list of client demands, and the competitive la...

31 Aug 2020
Lyndon Hedderly

What can financial services learn from Big Tech? Adopt a similar approach to data architecture

Many tech stocks continue their meteoric rise, despite the worsening economic downturn. On Wednesday this week Apple became Wall Street's first $2tn company. In my last Finextra article I mentioned ...

24 Aug 2020
Joris Lochy

Low- and No-code platforms - Will IT developers soon be out of a job?

“The future of coding is no coding at all” - Chris Wanstrath (CEO at GitHub). Mid May I posted a blog on RPA (Robotic Process Automation - https://bankloch.blogspot.com/2020/05/rpa-miracle-solution-fo...

12 Jul 2020
Hans Tesselaar

Strength in Numbers

The famous basketball player, Michael Jordan once said: "Talent wins games, but teamwork and intelligence win championships." In team sports, collaboration and teamwork play a deciding role ...

09 Jun 2020
Joris Lochy

RPA - The miracle solution for incumbent banks to bridge the automation gap with neo-banks?

Hypes and marketing buzz words are strongly present in the IT landscape. Often these are existing concepts, which have evolved technologically and are then renamed to a new term, as if it were a brand...

18 May 2020
Shaun Puckrin

Are banks that run on legacy systems able to compete with their digital counterparts?

Now, more than ever, the disparity between the legacy systems still used by some traditional banks, and the newer systems used by challenger banks, is stark. It goes without saying that systems develo...

13 May 2020
Joris Lochy

Abstraction in Financial IT - How far can and should we go?

Abstraction is a fundamental concept in software engineering. An abstraction is a simplified version of something technical (with unwanted details omitted), which allows to hide away complexity via a ...

06 Nov 2019
Joris Lochy

Microservices - Yet another buzzword or a real innovation for the Financial Services Industry

1. Introduction Microservices are the new hot trend in the application architecture landscape. Like SOA (Service Oriented Architecture) and cloud a few years ago, "microservices" is the buzz...

07 Oct 2019
Paul Shumsky

Building A Bank With Microservices

Let's begin with the most common statements on using cloud solutions for online banking platforms I frequently get from clients: Statement #1: No banks use cloud solutions! Answer: Read a bit more of ...

07 Oct 2019
Paul Shumsky

How To Architect FinTech Apps In 2020

Banks and other early Fintech companies, which were built on legacy or some other system are quickly realizing how difficult it is to make changes to their digital services. The recent evolution of cr...

30 Sep 2019