Open Standards in the Corporate Market

Steve Lindsay, Technical Architect - Financial Messaging and Integration, Misys Banking Systems

3/28/2008
(Original Publish Date: 1/10/2004)

The demand for standards-based interoperable corporate services from banks will only increase. Although they may appear to offer short-term tactical advantages, attempts to lock-in customers by refusing to implement such standards are ultimately doomed to fail. This article argues that banks need to find ways of implementing standards quickly and flexibly.