IBS Journal March 2015
From theory to practice
Can the framework from the Banking Industry Architecture Network (BIAN) be used for an enterprise-wide transformation? Two years into a five-year project, Pittsburgh-based PNC Financial Services is putting this to the test, alongside IBM’s IFW data model.
Pittsburgh-based PNC Financial Services Group is a couple of years into a five year transformation project that, according to Paul Macpherson, EVP, strategic servic- es, transformation and architecture at the bank, will touch every part of the organ- isation. No person, process or technolo- gy piece will be immune. When it comes to selecting new systems, the emphasis is likely to be on best of breed rather than a single vendor to provide the bulk of the solutions. The project is interesting per se but one other dimension to the bank’s strate- gy is its use of IBM’s IFW data model and the process definitions of the Banking Industry Architecture Network (BIAN). The latter, in particular, has been rather nebu-
lous for many in the industry over the last few years, with people struggling to see how all of its work could be applied to the real world. PNC is putting that to the test. PNC is one of the largest banks in the US, with assets of $320 billion. It oper- ates in 19 states and spans a wide range of financial services, with around 2700 branches, 6.6 million current account cus- tomers, and 7400 ATMs. Macpherson and Steve van Wyk, PNC’s
EVP and head of technology and opera- tions, are perhaps the closest the indus- try has to banking BIAN evangelists. They are both ex-ING and became embroiled in BIAN at this Dutch bank. Van Wyk, who joined PNC in January 2013, is currently the chairman of the board of BIAN. Part of
that evangelising has seen the mobilisa- tion of Carnegie Mellon University to look at the use of BIAN standards in financial messaging (IFX and ISO 20022). PNC has done something similar with IBM, with the two performing what is described as a ‘proof of value’ exercise around designing and developing solutions using the bank- ing and process models of IFW and BIAN’s Service Landscape. Within these studies are concepts
such as component-based modeling, ser- vice oriented architecture (SOA), mod- el driven development, standardisation, business process management (BPM), business rule management systems (BRMS), mobile and social computing plat- forms, analytics, cloud and big data. There
‘I see huge potential in the BIAN-compliant framework
around our core banking.’ Paul Macpherson, PNC
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© IBS Intelligence 2015
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case study: pnc
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