The Banking Industry Architecture Network (BIAN), the not-for-profit association of leading banks and vendors, has launched Service Landscape 2.0, a common set of industry standards designed to improve interoperability and reduce costs.

According to BIAN, Service Landscape 2.0 has 63 service domain definitions and 39 business scenarios, which provide a "blueprint of the building blocks" of core banking systems.

BIAN said that by incorporating the service domains into their own core banking solutions, BIAN members would be able to adopt service oriented architecture (SOA) standards to "improve business agility" and make significant cost savings on IT integration.

Steve van Wyk, chairman of the BIAN board, said: "These industry-wide agreed definitions represent an integral stage in the BIAN mission to deliver improved banking IT efficiency and cost savings."

John Molijn, chairman of the BIAN channels working group and enterprise architect, ING Bank, said: "Working with people from around the world has provided great insight into the exciting and complex aspects of channels and we not only identified new business domains but also improved existing ones.

"When complete, the Service Landscape will open up the opportunity to work on further fascinating channel areas, like mobile banking and payments and social media integration."

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