SOA in Financial Services Solutions

SOA in Financial Services Solutions - SOA Infrastructure for transaction integrity and scalability

Information Technology performance and data integrity requirements in the financial services industry are some of the most stringent in any computing environment in the world. As the industry transitions to SOA Service-Oriented Architecture, global leaders such as Merrill Lynch rely on Service-Oriented Architecture SOA Software’s SOA Infrastructure product suite to deliver the kind of reliability, integrity and security they need to conduct business.

Service-Oriented Architecture SOA Software’s financial services industry solutions include:

Securing and monitoring mission-critical equity trading Web service applications
Exposing mainframe Web services for high performance, transaction integrity, auditability
B2B security for credit card authorization
Securing and monitoring ACORD XML transactions
Case Study: Merrill Lynch

Merrill Lynch is deploying Web services on an increasingly broad scale to improve IT operational efficiency and flexibility as well as reduce IT costs.

Business Challenges:

Use technology to improve value delivered to firm’s customers
How to compete with other global financial players using innovative information technology solutions

Technological Challenges:

Using Web services to attain improvements in economic performance of widely distributed financial services applications and IT infrastructure
Move to Service-Oriented Architecture without compromising transaction integrity, security, or quality of service

SOA Software Solution:

Merrill Lynch standardizes on SOA Software Service Manager for Web services security and management
Partner with SOA Software and IBM Global Services’ SOA Management Practice to deliver a comprehensive SOA infrastructure

Benefits of the SOA Software solution:

Rapid, cost effective deployment of new service models to clients
Cost savings and productivity gains in IT