Banking Architecture

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.

Iosif Itkin CEO at Exactpro

Random thoughts about a recent computer glitch that hit TSX

Most financial systems are designed to handle outages in one or another way. However, even if redundancy is incorporated into the system’s architecture it is not uncommon to see that insufficient attention is paid to actually verifying that it will work out. In our practice, we have encountered situations when no more than eight hours (a single wo...

22 December 2008

Siddharth Udani Client Partner at Consulting

banco-de-future

Singing the latest buzz words with Credit Crunch, Compliance Checks, it definitely time for banks to be cutting costs especially after writing off almost $148 billion dollars. So with coming years in cost cutting, all our astonishing skyscrapers would be gone, trains less crowded and bars getting dry. All those freaky high paying Investment banke...

10 September 2008

Siddharth Udani Client Partner at Consulting

Go Green - Less Paper with Less Cash.. all Online or Card?!

With most of the population in developed world using Internet, if banks can lure them to use Internet banking and plastic cards would Paper Cash cease to exist in coming decade? Imagine terms like Dollar, Pound, Euro just in books and there is no actual currency!! Has all these central banks reduced their Currency printing forecast? So less paper...

02 September 2008

Siddharth Udani Client Partner at Consulting

Configure Vs Code Are we into 6GL?

Banks are trying to modernize thier systems by rolling out newer programmes or business changes and considering business services with SOA. By SOA, whether we talk about creating web-services or introducing fancy middle-wares, banks are inevitably moving towards application consolidations with business process automation as their key objective. In...

28 August 2008 /payments