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In a recent survey by the Banking Industry Architecture Network, 78% of bankers said they believe the adoption of a services-oriented architecture will result in a 25-50% reduction in banking IT costs.
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PNC Thursday became the first U.S. bank to join the Bank Infrastructure Architecture Network, a standards group that promotes the use of services-oriented architecture in banks.
April 18
The Banking Industry Architecture Network, a standards group that promotes the use of services-oriented architecture among banks, today announced the addition of two U.S.-based members.
The network, which is based in Frankfurt, Germany, creates blueprints for IT departments to guide them through their implementation of services-oriented software.
The new members include First Niagara Bank, $36 billion-asset community bank in Buffalo, N.Y., and, CSC, a provider of IT infrastructure systems in Falls Church, Va.
The memberships come just
Nomura, an investment bank based in Japan, has also joined the network.
BIAN also announced that it has signed an agreement with Carnegie Mellon University in Pittsburgh to integrate its framework into coursework for its graduate program in information systems management.
"All of our members are subject to the same challenges, through either the provision of IT systems as a vendor or provider, or attempting to upgrade legacy systems in-house," said Hans Tesselaar, BIANexecutive director, in a press release. "These challenges have accelerated interest in banking standards, and we will continue to collaborate with the world's top IT architects to finalize a worldwide framework for all financial institutions."
Additionally, BIAN announced the election of two new members to its board.
Ian G. Gillard, an executive vice president at Bangkok Bank in Thailand, will join the network as a director. Gillard began working at Bangkok Bank in 1997 and oversees the bank's mobile banking division.
He will be joined by Stephan Murer, a group technology officer at UBS in Switzerland. Murer joined the bank in November 2013. He previously held senior IT roles at Credit Suisse AG.