Benefits by DaaS for FSI - principles and limits of modern SOAs
Ian Maravilla, Oliver Krauskopf, Kevin Wennemuth · Journal of financial transformation · 2013
The initial hype about service-oriented architecture (SOA) is over, and it seems that it is not the next revolutionary step after centralized architectures. On the other hand, the paradigm may still be of use for financial services institutions (FSIs). Lack of consequence in some recent SOA implementations should not disqualify the paradigm, but instead we should look at lessons learned and create better architecture blueprints for future transformation projects. So from a business perspective of typical FSIs – mainly banks, asset management, hedge funds or insurance companies with considerable amount of capital markets activities – we want to see how the SOA paradigm can be applied to reap benefits.