Great Expectations: Can SOA Deliver? Part II: Core-Driven SOA (US)

by Bart Narter, June 9, 2008

Abstract

San Francisco, CA, USA June 9, 2008

Great Expectations: Can SOA Deliver? Part II: Core-Driven SOA (US)

SOA is both an overused buzzword, and a real solution to banking problems. Celent demystifies SOA, explaining what it is, how it helps banks, and how banks can deploy SOA.

In a new report, Great Expectations: Can SOA Deliver? Part II: Core-Driven SOA (US), Celent explains the various parts of SOA and how it applies to banking. There is a great deal of ambiguity around SOA. It is both a buzzword and a real architecture designed to help banks abstract and expose their core systems. Celent defines SOA to be a set of loosely coupled modular services to support both business and IT requirements. In attempting to clarify what SOA is and how the pieces work together, Celent has created a map of SOA and charted how various non-US core vendors provide solutions to this map. Celent then ranks these vendors on its ABCD analysis.

According to Bart Narter, Celent senior analyst and author of the report, "Core banking vendors are using a service layer to both expose their core system to the expanding number of front end solutions and enable the orchestration of various back end services to create new products and processes for their clients."

The 80-page report contains 46 figures and 67 tables. A table of contents is available online.

 

Members of Celent's Wholesale Banking and Retail Banking research services can download the report electronically by clicking on the icon to the left.  Non-members should contact info@celent.com for more information.

 

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned subsidiary of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

North America
Michele Pace
mpace@celent.com
Tel: +1 212 345 1366

Europe (London)
Chris Williams
cwilliams@celent.com
Tel: +44 (0)782 448 3336

Asia (Tokyo)
Yumi Nagaoka
ynagaoka@celent.com
Tel.: +81 3 3500 3023

Table of Contents

San Francisco, CA, USA June 9, 2008

Great Expectations: Can SOA Deliver? Part II: Core-Driven SOA (US) 

Executive Summary 3
Introduction 7
ABCD Analysis 9
Vendors 11
  Fiserv ITI 11
  Fiserv PCS 24
  Fiserv VISION 32
  Harland Financial Solutions 40
  Jack Henry 46
  Metavante 51
  Open Solutions 59
Conclusion 66
Appendix A -- An SOA Primer 67

 

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