SERVICE ORIENTED ARCHITECTURE DESIGN FOR WEB BASED HOME BANKING SYSTEMS WITH CLOUD BASED SERVICE

A. Appandairaj, S. Murugappan · 2013

The aim of this work is to design and develop software as a Service (SaaS) for cloud environment using SOA principles. Globalization continuous to pressure the banking industries for increased collaboration within their value chains. The banking industry, a virtual backbone for all other industries, feels this pressure both within their industry and with those they serve. Collaboration demands technology integration, and approaches so far have resulted in redundancy and inefficiency wired together with inefficient systems. Software services offered on cloud on pay-per-use basic. The proposed SOA model can help reduce redundancy, inflexibility and inefficiency in crucial banking processes such as payments, multichannel integration and account opening. Banking must address changing customer expectations and needs, emerging competitive threats, and an unknown and changing regulatory landscape.

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