Transcription of Microsoft Industry Reference Architecture for Banking …
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Microsoft Industry Reference Architecture for Banking …
Microsoft Industry Reference Architecture for Banking (MIRA-B) May 2012 Microsoft Corporation Microsoft Industry Reference Architecture for Banking Worldwide Financial Services Page 2 The intended audience of this document includes financial institution CTOs, technical and business architects, consultants, financial services technology vendors and others who are involved in making technology decisions within the Banking Industry . It assumes the reader is familiar with business and IT operations in the Banking Industry . For further information and updates related to MIRA-B, please visit Microsoft welcomes feedback and suggestions related to MIRA-B. Please email us at Microsoft Industry Reference Architecture for Banking Worldwide Financial Services Page 3 Contents Foreword .. 4 Introduction and Executive Summary.
Figure 1: Traditional Silo vs. Shared Service Integration An integrated platform aligned to a holistic architecture view can help break down process, application, and data silos across the bank by fostering a shared services and resource capability. The result can drive cross divisional insights and upsell capabilities, reduce cost and risks, and
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