Tecnologías para la Eficiencia en el SectorFinanciero: SOA

Joaquín de Valenzuela MuleyBusiness Development ManagerFinancial Services

Agenda• Entorno• Arquitectura Orientada a Servicios• Propuesta Sun• Referencias

Eficiencia Operacional Regulación

Entorno Dinámico

? “If we truly aspire to be leaders in the payments & securities industries, why is it that so many innovations in this business are pioneered by non-banks?”

? Heidi Miller. HO Treasury & Securities Services. J P Morgan Chase (commenting on the eBay / PayPal deal)

DesintermediaciónGlobalización

Nuevas Espectativas

Sources: Financial Insights and bearing Point

Entorno Complejo

Service Oriented Architecture

• SOA es un estilo de arquitectura que enfatiza el uso de servicios de red, seguros, reutilizables, de grano fino y desacoplados, y permite incrementar la flexibilidad de negociode una manera interoperable agnóstica tecnológicamente

• SOA utiliza una estrategia tanto de negocio como técnica paraexponer la funcionalidad y los datos de negocio tanto dentro de la empresa como con otras

� By 2006, more than 75% of midsize and large enterprises will have deployed SOA-enabled development tools and middleware (Gartner)

� By 2006, more than 60% of enterprises will consider SOA a guiding principle in designing their new mission-critical business applications and business processes. (Gartner)

� By 2007, focus will shift from basic infrastructure to business frameworks via Web services-based, Service-Oriented Architectures. (Meta Group)

� By 2008, SOA will be a prevailing software engineering practice, ending the 40-year domination of monolithic software architecture (Gartner)

Principios SOA

Payment SystemManagement

FundsManagement

RiskAssessment

Corporate B2B message switching

Corporate TreasuryPayment Portal

BusinessServices

Agents, Subsidiaries

Payment Systems

SalesSystems

Product Systems

Shared Tools

Data Repositories

Compliance Data

Backend

Corporate TreasuryPayment Portal

CompositeApplications, Presentation and Devices

BusinessProcesses

Payment Follow-up Exception Handling Workflow

Account Opening Corporate Treasury IntegrationPayment Processing

• Separación de la lógica de Negocio de la de Presentación• Separación de la lógica de negocio en módulos independientes (Servicios)

reutilizables por procesos de negocio heterogéneos• Servicio encapsula funcionalidad, y la desacopla• Servicio encapsula la parte no funcional (QoS, políticas de acceso, metadadatos,...)

Beneficios• Para el negocio

> Eficiencia> Reutilización> Time to Market> Facilita la implementación de

procesos de negocio intercompañías• Para IT

> Arquitecturas Flexibles> Rentabilización de Activos> Integración de aplicaciones existentes> Integración de servicios> Particionamiento de la arquitectura> Desarrollo de aplicaciones compuestas

¿Panacea?Costes UpfrontSOA y EDAGovernanceEstrategia vs

Táctica

Propuesta Sun - Java Composite Application Platform Suite

J2EESoporte a Estándares:

BPEL4WS, BPMN, Rosettanet, ebXML, UDDI,

LDAP, Conectividad vía eWay

RepositorioAlta productividad

Solaris Enterprise SystemJava Enterprise System

Identi

tyMa

nage

ment

ApplicationPlatform B2B

ESBWebInfrastructure

CompositeApplication Platform

Comm

unity

Avail

abilit

y

Data

Cen

ter M

anag

emen

t

Deve

lope

r Too

ls

Personas Procesos

SOA

Las 4Ps en SOA

Cambio CulturalTraining, ...

Mejores Prácticas, Frameworks,Blueprints

Roadmap de Implantación, referencias, partners.,...

Deesarrollo/Desplieguet/Gestión de la

Infraestructura(Software, Hardware)

PrácticasPlataformas

Sun Java CAPs en Servicios Financieros

• Global market practice finance> Banking> Insurance> Securities

• Focus on solution components> Connectivity> Payments> Funds> Protocol handling

• Financial Services SOA> Framework templates> Presentation, process, integration> Align with industry initiatives

• Strong presence at SIBOS 2006

Corporate actions

C2B connectivity

Exception workflow

SWIFT Connectivity

Straight-through processing

Single customer view

Bulk payments

Investment funds processing

HR on-boarding

Cash reporting

Exceptions and investigations

FIX processing

Trade Services

Payments clearing

Trade affirmations

Operational risk

DTCC/NSCC integration

Referencias en Sector Financiero(*)

Abbey National ABN Amro Abu Dhabi Investment AuthorityAegon USA Allstate Insurance American Intl. GroupAXA Group Banca IMI BAREPBank Mendes GansBanque InvikB*CapitalBCEEBMW Financial Services BNP Paribas*BRFKreditCalPERSClearstreamCommerzbankCredit AgricoleCredit Andorra Dunn & Bradstreet EntenialEquifax Erie Insurance

Farm Bureau InsuranceFirstRand - First National BankFischer Francis Trees & WattsFuji Bank GMAC Goldman Sachs Great West Life HypoVereinsBankIndustrial Bank of Korea ING Investors Bank and TrustJPMorgan ChaseJupiter Asset Management KBC Bank and InsuranceKBC Securities KBL – Kredietbank LuxemburgKorea First Bank Liberty Mutual Insurance Liverpool Victoria Group MacQuarie Bank Malaysia National Insurance Mizuho Bank TokyoNational Bank of Abu Dhabai Northern TrustNicholas Applegate

ORIX GroupPacific Life Insurance Phoenix Wealth ManagementPost Finance ProvidentiaReale Mutua AssicurazioniRLI InsuranceRobert Stevens InternationalSamsung Card Company Sentry Insurance Sherwood International Group Societe Generale Asset MgtSt Paul Travelers Standard Bank LondonStandard Bank South AfricaStandard Chartered Bank Tokyo Sumitomo Trust Bank TokyoVontobel Privat BankWashington Mutual Westdeutsche LandesbankWestLBWestpac Banking Corp Winterthur Zürcher Kantonalbank

(*) Clientes con Java CAPS Los clientes en regritan utilizan CAPS para SWIFT

Miembro Activo de la comunidad Swift• Proveedor Gold certified desde 1998

Todas y cada una de las versiones hanobtenido el Gold certified desde 1998

• Participación en los Swift readiness boards> Target 2, Exceptions and Investigations, Bulk Payments

SWIFTNet

SAA

SAG

Back office

Systems

EAI: Java CAPS• Message handling• Business Processes• Workflow• Auditing• Performance• Monitoring

High availability platform by SUN (Hardware, Solaris, Clustering, …)

Características de SUN Java CAPS en SWIFT (junto con SWIFTAlliance)

• SWIFTNet Phase 2 Migration• Legacy Interface Replacement• SWIFTNet InterAct and FileAct• SWIFTNet C2B, MA-CUG and CAG• Building services on SWIFTNet• Straight-through processing (STP)• Front and back-office integration• Compliance architectures

for e.g. MiFID, Giovannini, Basel2, …• Fast Payments architecture

JavaCAPS

Identity Auditor

Identity Manager

Directory Server

Access Manager

Portal

Booking

Matching

Settlement

Limits

OrderEntry

Op

era

tion

al B

us

STKIntelliStore

Identity ComplianceDashboard

Client Order Management Compliance Monitoring/Reporting Solution

Storage Solution

Best Execution Data Sifting EnginesCompliance Reports

Identity Audit Reports

Allow/deny

Identity Solution

Applicationauthentication/authorisationinterfaces

Co

mp

lian

ce B

us/Ja

va C

AP

S

Otras Referencias• BNP Paribas - Real-Time Automated Client

Connectivity> Challenge: reduction of costs in high-volume, low-

margin transactions, use of emerging standards> Solution: Built single window SWIFT and Reuters

access with FIX and migration of order management system in a 20 man day project

> Benefits: real-time order information for clients, significantly reduced cost per transaction, transparent migration

• Aegon Americas Life Insurance - IT Operations Convergence> Challenge: redundant environment, changes

expensive, limited reuse – 3 architectures, inability to get product to market fast enough

> Benefits: Zero coding to date, reuse business skills of existing programmers on new SOA projects

• Barep Asset management (SocGen) -Architecture for Absolute Performance> Challenge: Lack of openness and transparency for

complex fund production/management, and increasing maintenance costs

> Benefits: reduced time to deploy investment funds by 80% through reuse, the architecture also provides the flexibility to change applications over time with minimal effort

Financial

Conclusiones• SOA como elemento clave de la mejora de

eficiencia en el sector• Sun dispone de una solución SOA completa,

madura y con numerosas referencias en serviciosfinancieros

Muchas Gracias

joaquin.devalenzuela@sun.com