Published on February 21, 2008
Core Banking SystemsUsing Microsoft Technology: Core Banking Systems Using Microsoft Technology Brian Jackson Banking Technology Strategist Microsoft Corporation Agenda: Agenda Market Overview: Market Overview Market Overview: Market Overview Forrester - Banking Platform Renewal: Sizing the Market – 11 Oct 2005 Core System Modernization: Core System Modernization What Is Modernization?: What Is Modernization? Who Is Modernizing?: Who Is Modernizing? Source: http://www.ibspublishing.com/free_to_view/sales_league_table_15.6_chart1.htm Why Modernize?: Why Modernize? SAP/Accenture study: http://www.sap.com/industries/banking/pdf/BWP_Core_Banking_Survey.pdf Approach to Core Banking: Approach to Core Banking Common Strategy: Common Strategy “Big bang” replacement too risky for all but the smallest (or de novo) financial institutions Use the Microsoft platform to perform a phased update of core systems Phases can be defined By business function By architectural tier Or both Project Approach: Project Approach Customer Information File: Customer Information File Aim for a free-standing CIF that doesn’t “belong” to a particular product line or channel Consolidated Single source of truth Reality True consolidation is very difficult “Virtual” consolidation in the middle tier generally more achievable Functional Phases: Example: Functional Phases: Example Architectural Phases: Example: Architectural Phases: Example Detailed Example: Detailed Example Current System Architecture: Current System Architecture Step One: Wrap and Reuse: Step One: Wrap and Reuse Step One: Wrap and Reuse: Step One: Wrap and Reuse Step Two: Legacy Migration: Step Two: Legacy Migration Step Three: Loose Coupling to CIF: Step Three: Loose Coupling to CIF Subsequent Phases: Subsequent Phases Summary: Summary Platform Capabilities: Platform Capabilities Integration Options: Integration Options BizTalk Server (BTS) Host Integration Server (HIS) SQL Server Integration Services (SSIS) Windows Communication Foundation (WCF) SQL Service Broker (SSB) Microsoft Message Queue (MSMQ) Web Services Enhancements (WSE), COM+, Enterprise Services, .NET Remoting, .ASMX Unified Programming Model: Interop with other platforms ASMX Attribute- Based Programming Enterprise Services WS-* Protocol Support WSE Message- Oriented Programming System.Messaging Extensibility Location transparency .NET Remoting Unified Programming Model Managing complexity: Managing complexity Complexity of requirements Complexity of solution Custom solution Scenario 1 Scenario 2 Scenario 3 Security issues and fixes in Oracle 8, 9 and 10 since December 2000 to November 2006.: Security issues and fixes in Oracle 8, 9 and 10 since December 2000 to November 2006. Based upon public information Compiled by NGSSoftware Insight Security Research (NISR) Security issues and fixes in SQL Server 7, 2000 and 2005 since December 2000 to November 2006.: Security issues and fixes in SQL Server 7, 2000 and 2005 since December 2000 to November 2006. Based upon public information Compiled by NGSSoftware Insight Security Research (NISR) Current Release Comparison: Current Release Comparison Oracle 10g Release 2 SQL Server 2005 Based upon public information Compiled by NGSSoftware Insight Security Research (NISR) Global ISV Partners: Global ISV Partners Global ISV Partners: Global ISV Partners Global ISV Partners: Global ISV Partners Global ISV Partners: Global ISV Partners Regional ISV Partners: Regional ISV Partners Core Banking: Case Studies: Core Banking: Case Studies Up to 71x faster transaction processing using 64 bit Windows Maintained compatibility with existing systems Core Banking: Case Studies: Core Banking: Case Studies Rapid time-to-market Superior Total Cost of Ownership Core Banking: Case Studies: Core Banking: Case Studies Increased flexibility and faster time-to-market Lower TCO using world-class partner system Slide39: © 2006 Microsoft Corporation. All rights reserved. Microsoft, Windows, Windows Vista and other product names are or may be registered trademarks and/or trademarks in the U.S. and/or other countries. The information herein is for informational purposes only and represents the current view of Microsoft Corporation as of the date of this presentation. Because Microsoft must respond to changing market conditions, it should not be interpreted to be a commitment on the part of Microsoft, and Microsoft cannot guarantee the accuracy of any information provided after the date of this presentation. MICROSOFT MAKES NO WARRANTIES, EXPRESS, IMPLIED OR STATUTORY, AS TO THE INFORMATION IN THIS PRESENTATION.