Gartner Research

Viability Assessment of BIAN: At the Inflection Point

Published: 06 November 2015

ID: G00276980

Analyst(s): Don Free

Summary

Digital banking ecosystems benefit from service-level standardization to ensure interoperability and agility. BIAN is attempting to provide this standardization, but an emphasis on implementation, consistency of use and universality will be needed to achieve this goal.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Improvements in formalization and funding increase the likelihood that CIOs and enterprise architects will find sustained value in the BIAN standard
    • Positive Factors Related to BIAN in Terms of Formalization and Funding
    • Cautions Related to Formalization and Funding
    • Impacts on the Horizon That Will Affect BIAN Formalization and Funding
  • Membership representation from a set of diverse stakeholders improves BIAN's business model and regional applicability, raising the probability that appropriate support will be available to CIOs and enterprise architects
    • Positive Factors Related to Sponsorship and Representation
    • Cautions Related to Sponsorship and Representation
    • Impacts on the Horizon That Will Affect BIAN Sponsorship and Representation
  • BIAN's broad scope of critical services definitions increases the likelihood that CIOs and enterprise architects will find assets of relevance
    • Positive Factors Related to Criticality and Scope
    • Cautions Related to Criticality and Scope
    • Impacts on the Horizon That Will Affect BIAN Criticality and Scope
  • Improved universality and prescriptive implementation guidance will assist CIOs and enterprise architects implementing BIAN standards
    • Positive Factors Related to Universality and Stability
    • Cautions Related to Universality and Stability
    • Impacts on the Horizon That Will Affect BIAN Universality and Stability

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