SOA Adoption Continues in Banking and Investment Services

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ID Number: G00152667

This research is provided for historical perspective;
portions of this document may not reflect current conditions.

23 October 2007

Mary Knox

Gartner's 2007 architecture survey of North American investment services firms and banks provides details on architectural approaches for new applications as well as insight into service-oriented architecture initiatives that financial services firms can use to compare to their own initiatives.

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Table of Contents

Analysis

1.0

Introduction

1.1

North American Survey Methodology

2.0

Primary Architectural Approach

3.0

Architectural Drivers

3.1

Approaches to SOA

4.0

Barriers to SOA Adoption

5.0

Recommendations

Recommended Reading

List of Tables

	Table 1.	Percentage of Last-Year Applications That Reused Software Components

	Table 2.	Comparison of Funding Approaches and Level of Reuse

List of Figures

	Figure 1.	Current Primary Architectural Approaches

	Figure 2.	Expected Architectural Approach by 2010

	Figure 3.	Comparison of 2007 and 2010 Architectural Approaches

	Figure 4.	Architectural Drivers by Architectural Approach

	Figure 5.	Architectural Drivers, by Industry Segment

	Figure 6.	What Is Included in Firms' SOAs

	Figure 7.	Kinds of Applications Being Moved to SOA

	Figure 8.	Method of Defining Reusable Components

	Figure 9.	Funding of Shared Services

	Figure 10.	Methods of Encouraging Use of Reusable Components

	Figure 11.	Barriers to Implementing SOA

Application Architecture
Service-Oriented Architecture
Banking Systems
Investment Services Systems
Event-Driven Architecture

© 2007 Gartner, Inc. and/or its Affiliates. All Rights Reserved. Reproduction and distribution of this publication in any form without prior written permission is forbidden. The information contained herein has been obtained from sources believed to be reliable. Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner's research may discuss legal issues related to the information technology business, Gartner does not provide legal advice or services and its research should not be construed or used as such. Gartner shall have no liability for errors, omissions or inadequacies in the information contained herein or for interpretations thereof. The opinions expressed herein are subject to change without notice.

Resource Id: 535414