Service-oriented Architecture’s Impact in the Banking Industry (Podcast)

Jim Adamczyk, lead partner for SOA adoption in Accenture’s financial services group, answers questions about how SOA can help the banking industry meet its challenges of creating new economic value, sustaining organic growth and reducing cost structures while managing financial performance and efficiency ratios and keeping ahead of competitors.

Accenture’s High Performance Business research has revealed that, in order to achieve high performance, banks must differentiate the products they offer to the market while simplifying internal structures and mastering core business processes. Accenture believes that SOA is a key enabler for banks to achieve this. SOA is more than a technology; it is an approach to application selection, design and implementation. Accenture can help by providing banks with the tools to complete the full journey toward SOA, from initial assessment to creating a roadmap that addresses the enterprise as a whole.