BIAN swells its ranks

BIAN has added four new members to its international community, as well as three partnerships with existing recognised standards bodies. ABN AMRO, Banco Galicia; UBS and the French publisher of integrated software packages, SAB, are the latest members to join the the Banking Industry Architecture Network network, collaborating on standards for SOA in the banking industry.

This brings BIAN’s total network membership to 31 members, comprised of 14 banks and 17 system integrators and software vendors. Meanwhile, in Q1 this year it has partnered with independent standards bodies, Object Management Group (OMG) and The Open Group. And it has also received a ‘category D liaison’ with the International Organisation for Standardisation (ISO), for ISO 20022 semantic models.

Hans Tesselaar, executive director at BIAN, comments: “It is our policy not to reinvent the wheel or replicate the work of existing bodies; this is why we seek cooperation with complimentary standards bodies. For example, where BIAN focuses on semantic service definitions, OMG Service Domain Task Force focuses on standards such as financial services business ontology and vocabulary, trade transaction traceability maps and financial business events taxonomy – there is little crossover.”

He adds: “We forward to working closely with each of the standards bodies we have partnered with at both our own BIAN Core Team meetings, and our new partners’ initiatives, exchanging ideas in order to progress standardisation and interoperability in the financial industry. The door is open to other standards bodies to form partnerships with BIAN, as we strive for a truly collaborative approach to SOA standards in banking.”

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