SOA in Banking - HypoVereinsbank connects systems

Service oriented architecture SOA in Banking - HypoVereinsbank connects systems, offering new services

“The ESB provides a flexible infrastructure for HVB's agile investment banking. Our business is changing very fast, and the ESB enables us to support upcoming business opportunities immediately by connecting new market places and new dealing systems to our existing system landscape. The ESB accelerates the adaption of new business processes and the launch of new products and services.” - Michael Dietze, Head of Business Development, HypoVereinsbank AG

Customer: HypoVereinsbank AG - IBM SOA Customer
Deployment Country: Germany
Industry: Banking - SOA in Banking
Solution: Business Performance Transformation, Enabling Business Flexibility, Information On Demand, Openness, SOA Service Oriented Architecture, Systems & Network Management, Transforming IT

Overview - SOA in Banking
A leading bank in Germany reduces the time required to develop new integration scenarios by 35 percent and improves its time to market for new services when it engages IBM Global Business Services and IBM Business Partner Steria Mummert Consulting to implement an enterprise service bus solution based on IBM WebSphere and IBM Tivoli software.

Business need: SOA in Banking - The Corporates & Markets line of business (LOB) of HVB needed to improve its ability to offer new services to its customers. The LOB's IT department, known as HVB Information Services GmbH couldn't respond quickly to capitalize on market opportunities, meet customer demands or fully support its business strategies. The LOB needed to integrate its IT infrastructure to improve its ability to address customer demands and respond to market opportunities.

Solution: SOA in Banking - With help from IBM Global Business Services, IBM Software Group and IBM Business Partner Steria Mummert Consulting, the HVB Information Services GmbH department deployed an enterprise service bus (ESB) infrastructure based on IBM Tivoli and IBM WebSphere software. The integration solution acts as a cost-effective connection environment that simplifies the trading process and offers HVB a competitive advantage by decreasing its time to market for new products and services.

Benefits: SOA in Banking - HVB achieved a 35 percent reduction in the time required to design and implement integration scenarios used to link existing and new applications with internal and external information systems. The solution enables HVB to quickly and easily become connected to the Euronext stock exchange. Time savings has led to more affordable implementation and operations costs as well as an improved ROI and time to market.