Financial Services Solutions

SOA Infrastructure for transaction integrity and scalability

Information Technology performance and data integrity requirements in the financial services industry are some of the most stringent in any computing environment in the world.  As the industry transitions to Service-Oriented Architecture, global leaders such as Merrill Lynch rely on SOA Software’s SOA Infrastructure product suite to deliver the kind of reliability, integrity and security they need to conduct business. 

SOA Software’s financial services industry solutions include:

• Securing and monitoring mission-critical equity trading Web service applications
• Exposing mainframe Web services for high performance, transaction integrity, auditability
• B2B security for credit card authorization
• Securing and monitoring ACORD XML transactions

Case Study: Merrill Lynch

Merrill Lynch is deploying Web services on an increasingly broad scale to improve IT operational efficiency and flexibility as well as reduce IT costs. 

Business Challenges:

• Use technology to improve value delivered to firm’s customers
• How to compete with other global financial players using innovative information technology solutions

Technological Challenges:

• Using Web services to attain improvements in economic performance of widely distributed financial services applications and IT infrastructure
• Move to Service-Oriented Architecture without compromising transaction integrity, security, or quality of service

SOA Software Solution:

• Merrill Lynch standardizes on SOA Software Service Manager for Web services security and management
• Partner with SOA Software and IBM Global Services’ SOA Management Practice to deliver a comprehensive SOA infrastructure

Benefits of the SOA Software solution:

• Rapid, cost effective deployment of new service models to clients
• Cost savings and productivity gains in IT