Most banking workloads are constrained to the institution’s own datacenter infrastructure, or a managed service from a limited number of providers. This limits the institution in terms of its ability to deploy applications from the most efficient and agile sources.
Goals and Objectives
Create a more open application environment to be able to allocate and source specific workloads on different platforms, internal or external, to enable agile response to market conditions.
- Open (RESTful) APIs
- Strong security and antifraud technologies
- Governance systems to mitigate risk
Use Case Summary
The creation of an open but secure ecosystem will enable banks to drive “adjacent opportunities” to their customers. Banks will be able to move quickly to connect to new value-added partners through a standard, open environment that allows it to respond almost immediately to new market needs.