Bank Systems & Technology is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Infrastructure

09:47 AM
Connect Directly
Facebook
Twitter
Google+
RSS
E-Mail
50%
50%

BIAN Announces Four New Members

The not-for-profit association is dedicated to creating a service-oriented architecture standard in the financial industry.

The Banking Industry Architecture Network (BIAN) today announced four new members are joining the not-for-profit association.

The BIAN is a technology association dedicated to creating a service-oriented architecture standard in the financial industry. Since its inception in 2008, BIAN's mission has been to establish a service-oriented architecture standard in the banking industry, the group said.

The group said Buffalo, N.Y.-based First Niagara, and IT services provider CSC are joining the initiative. Additionally, Asian global investment bank, Nomura and Carnegie Mellon University -- joining as an academic partner -- will become BIAN members.

In working with BIAN, the group said, financial institutions and service providers will have a safe place to exchange information and knowledge, supporting the sector’s transition to newer, non-proprietary technologies.

"Our BIAN membership provides us access to an additional set of industry standards and resources that reflect best practices from member banks," said Inder Koul, CIO of First Niagara in a statement. "We believe this helps to accelerate our development cycle and prevents any over-reliance on one solution. We look forward to the value this partnership will bring us."

[See Also: BIAN Provides Standards to Promote SOA Adoption]

Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio

Register for Bank Systems & Technology Newsletters
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.