Solutions to example problem

Current Situation

Integration has become an IT focal point and a business-critical concern for most large enterprises. Industry authorities estimate that 30% to 50% of a typical application implementation effort is spent on integration It is predicted that 70 % of total IT expenditures in banks will be used for administration and development of interfaces by 2007.

Challenge for Banks

Banks have to face the following main business integration challenges:
Integration with financial networks and partners
Flexible adaptation to new standards (ISO 15022, etc.)
Distribution channels´ integration
Integration of data for effective financial management
Extending of Straight Through Processing (STP)
Reduction of IT costs
Leveraging of existing technologies and flexibility for future changes


TIBCO Business Integration Solutions is a family of software products that address the whole range of integration problems:
  • EAI: Building scalable, event-driven solutions for application-to-application integration within the bank
  • B2B: Business-to-business interfaces between bank systems and partners, financial networks
  • B2C: Business-to-customer interfaces between bank systems and customers (electronic marketplaces and portals, distribution channels, web services integration)
  • BPM: Business Process Management - management of bank internal business processes

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