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Session
Description:
Service-oriented Architecture is the foundation for one of
the fastest growing technologies in banking Web services.
Though SOA is a ‘system wide’ architecture, it brings
special benefits to web services because it provides neutral
set of standards across all the bank’s technology regardless
of where information is coming from, or where it is
consumed. Though SOA has been around for a few years,
applications and development are gaining traction and
beginning to be noticed by executives and information
consumers outside the inner sanctum of IT. "Great
Expectations: Can SOA Deliver?" is an OnsiteConference by
Bart Narter, Senior Analyst at Celent that will try to pry
the door open a little wider to explain SOA as it relates to
financial services.
SOA is designed to solve many of banking ITs most difficult
problems, especially the difficulty of making legacy IT
systems more adaptable and flexible. To do this, SOA needs
to be holistic, system wide… it will not work if confined to
one data silo. Because SOA touches so many areas of the
business (web applications, desktop presentations, data
management, workflow management, messaging, customer
information management), it also touches many more of the
banks employees, and creates a need for an executive level
overview or understanding of what is happening.
This session will introduce the SOA concept and describe its
technical components, and will also display some diagrams of
SOA in action at major banks such as Wells Fargo and
National City.
This session is appropriate for senior financial executives
with responsibility for IT, Systems, Strategy, Product
Development and Customer Information.
This session
is intended to provide an introduction to key concepts of
SOA for those who are already aware of basic IT issues.
About Bart Narter:
Bart Narter is a
senior analyst in Celent's banking group based in the firm's
San Francisco office. Mr. Narter's areas of expertise
include emerging technologies affecting retail financial
services, with a particular emphasis on branch automation,
in-store banking, core banking systems, and service-oriented
architecture.
Mr. Narter has been widely quoted in the press, including
The New York Times, Financial Times, The Wall Street
Journal, and Dow Jones, among others. He has consulted to
top 100 international banks, as well as leaders in hardware,
core banking software, and Internet banking software.
Before joining Celent, Mr. Narter founded EnhanceRate, a
technology services consulting firm for e-mail marketers. He
previously held senior management positions at various
Silicon Valley technology companies, including Latitude
Communications, Exactly!, and MBI. Previously, he was a
consultant for Boston Consulting Group, where he conducted
numerous case studies examining the financial services
industry.
Mr. Narter received his MBA from Stanford University and his
BA from Vanderbilt University.
About Celent:
Celent is a research and consulting firm
focused on the application of
information technology in the global
financial services industry.
The
firm has two basic offerings:
-
Research, providing members with
continuous knowledge and advice, and
-
Consulting, working with clients on
specific strategy issues.
Founded
in 1999 by veteran financial services
technology analysts, Celent is an
independent, self-financed, and
profitable firm dedicated to providing
unbiased information and advice to
financial services firms.
Celent's analyst team is organized by
financial services industry vertical:
Banking, Securities & Investments, as
well as Insurance. These analysts
produce monthly research reports for our
members, and are available to members to
further explore issues and questions
that may arise. This direct access to
Celent's analysts means that members can
immediately contact established experts
on a large variety of issues within
financial services technology.
In addition, these same analysts engage
in strategy and management consulting
projects for both members and non-member
firms. Our research and consulting teams
are one and the same, which means that
our strategy consulting clients have
direct access to the knowledge and
expertise gathered as part of our
research practice. This knowledge is
fully brought to bear on specific client
issues, providing Celent with a
significant head start on consulting
projects.
www.Celent.com
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