Everyone in the banking community knows SWIFT, the Society for Worldwide Interbank Financial Telecommunication. SWIFT is responsible for transferring money (and other electronic value) all over the world, and counts dollars in the trillions. Some 8,000 members, mostly (but not entirely) banking institutions are members of SWIFT, as well as users of the organization's worldwide network. As such, SWIFT participates in various OMG activities, most notably OMG's financial services work.
Likely due to that link, I was invited to participate in a Roundtable discussion about SOA adoption entitled, "SOA: Living Up to the Hype?" The article has just been published in SWIFT's quarterly Dialogue magazine, the "voice of the SWIFT community." Besides myself, participants included Oliver Kling of SOA Consortium Founding Sponsor SAP; Abhijit Gupta of SOA Consortium Participant Deutsche Bank; and Frank vanDamme of SWIFT itself.
While the discussion included a share of technology issues (for example, about semantic representations), I was delighted to see most contributions focus on business benefits of SOA, and getting past the hype about "silver bullets" in the market. Gupta focused on the transformation that Deutsche Bank has been through (and continues), while vanDamme stressed agreements & standards.
Unfortunately the article isn't available in a simple web page, but the entire issue of Dialogue can be downloaded in Adobe PDF format here; and the article itself begins on page 52.
Hi Jamie, I was more than happy to be the pioneer for your Practitioner pilerofs, and I have completed the survey.I am very hopeful that we can create and maintain a strong momentum of collaboration through the bpm-collaboration.com site. I really enjoyed the work we did on The Process of Process Management (TPPM), it would be good to continue that work and publish it.CheersCraig
Posted by: Nicolas | 05/05/2012 at 04:17 AM