REDMOND, Washington, July 13 --

- Industry technology leaders help banks evolve to a standard information
technology infrastructure for greater organizational flexibility,
interoperability, cost control and risk mitigation in today’s turbulent

Microsoft Corp. today announced that the Banking Industry Architecture Network
(BIAN) alliance has published the first major banking industry information
technology (IT) services standards to its members and the banking community at


BIAN’s mission is to enable faster strategic and operational changes of
the banking business by providing systematically defined banking functional IT
services based on a broad consensus in the banking industry. It achieves this
via an open and transparent model leveraging its 23 bank and technology members.

The six standards published today represent a major milestone in BIAN’s
efforts to help banks evolve a standards-based service-oriented architecture
(SOA) to accelerate return on investment (ROI) from their IT investments. The
announcement was made at Microsoft’s Worldwide Partner Conference 2009
(WPC09) held in New Orleans July 13-16, 2009.

The implementation of an SOA is an important goal for banks, and almost every
bank is well under way in its efforts to evolve to an SOA, said Oliver Kling,
secretary general for BIAN. The BIAN initiative consequently represents a real
opportunity for banks to accelerate replacement of inflexible legacy
environments, create IT and ultimately business agility, and reduce integration
costs without simply slashing costs. BIAN promotes interoperability among
banking services and application providers by the definition and adoption of
semantic industry standards. By working with BIAN, banks now will be able to
leverage the world’s best practices.

Microsoft is committed to lowering the cost of ownership and providing a more
flexible and innovative platform for banking, said Susan Hauser, vice president
of Worldwide Financial Services at Microsoft. In addition, we consider an open
standards-based environment critical to our success. As a founding and active
member of BIAN, Microsoft is enabling global collaboration with key thought
leaders in the banking and IT communities around the establishment of technology
standards and SOA best practices. In doing so, BIAN will be instrumental in
laying the groundwork for the banking industry services in the new economy.

Other vendor commitments to BIAN and SOA are also being realized. As another
founding member of the network, Temenos launched the latest release of its T24
product in May, signifying the first formal release of a set of model bank
banking services, which have been aligned with the work being done through BIAN
on the banking services landscape.

Temenos fully supports BIAN’s goal of easing the journey of banks moving
to a service-oriented architecture, said Koen Van den Brande, group strategy and
marketing director for Temenos, commenting on the role it has played so far. We
recognize the importance of SOA and have heavily invested in our product, and
continue to do so, to ensure it is fully SOA compliant. We are actively
undertaking development to ensure our products are aligned with BIAN standards
and are fully confident this will further our ability to support larger retail
banking clients that are implementing SOA. We look forward to collaborating with
the BIAN membership network further as we work toward achieving what the
industry needs: increased agility with reduced cost and risk through
standards-based integration, available on leading core banking platforms.

The following standards documents are about to be published: Service Landscape,
Metamodel, Service Repository, Service Lifecycle Management, Payment Agreement,
Payment Execution, Clearing, and Settlement.

Major banks and banking industry information systems vendors already have
committed to implementing the Metamodel and Service Landscape standards, and the
banking industry at large is expected to adopt these and the other BIAN
standards as the demonstrable value of BIAN is better understood and its
membership grows.

The delivery of these standards will help the banking industry address the key
market imperative to drive cost reductions through greater efficiencies and
organizational flexibility in order to adapt successfully to a rapidly changing
business environment. To survive and succeed in today’s volatile
marketplace, banks need increasing agility in their application landscape and IT
infrastructure to reduce the time and cost to integrate strategic capabilities
into their offerings. Leveraging BIAN standards will enable banks to become more
efficient via streamlined integration of systems and processes, as well as set
the foundation for a more flexible information systems architecture.

According to Robert Hunt, senior research director at TowerGroup, BIAN
represents an opportunity for banks and vendors to develop a standardized
approach for migration to a services-oriented architecture. TowerGroup believes
that banks can realize significant benefits from both the adoption of
banking-industry-specific standards and the creation of best practices for
implementing SOA.

About BIAN

Created in 2008 by SAP AG and Microsoft, along with other founding members,
BIAN is a global, open, independent and unique community defining SOA and
semantic definitions for IT services in banks for the long term according to a
standardized industry model.

BIAN’s goal is to help banks ease the transition to an SOA by gathering
together a community of industry-leading players and global banks that will
openly share domain and technical expertise to apply SOA principles and
methodologies. In employing these principles, banks globally will be able to
better respond to changing customer needs and reduce risk and cost of
re-engineering legacy systems toward a more flexible operational environment.

By defining and encouraging the development and implementation of standardized
services, BIAN will help banks in their daily operations by creating operational
efficiencies and allowing them to focus on growth, time-to-market and the
increasing demands from their customers. Financial institutions, software
vendors and service providers, along with technology partners, are invited to
join the association and play a collaborative role with other industry leaders
in the definition, building and implementation of next-generation banking

About Microsoft’s Worldwide Partner Conference

Microsoft’s Worldwide Partner Conference provides Microsoft’s
partner community with access to key marketing and business strategies,
leadership, and information regarding specific customer solutions designed to
help partners succeed in the marketplace. Along with informative learning
opportunities covering sales, marketing, services and technology, the Worldwide
Partner Conference is an ideal setting for partners to garner valuable knowledge
from their peers and from Microsoft. More information can be found at and on the Partner
Program home page at

About Microsoft

Founded in 1975, Microsoft (Nasdaq: MSFT) is the worldwide leader in software,
services and solutions that help people and businesses realize their full

SOURCE: Microsoft Corp.

Wendy Grover of Microsoft, +1-425-705-7609,; or Chanda
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