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Find Your Path With The BIAN Standard
Application Mapping, Compliance Support, Industry-Standard APIs
Expert BIAN Services
Our BIAN training and services offerings support the full BIAN adoption journey with workshops, certification training, design assistance, and architectural guidance that enables effective implementation.
Whether you're just curious, ready to put a toe in the water, or ready to make a serious start, we can help you navigate the forks in the road with confidence.
As banks explore how to refactor traditional, monolithic IT into agile components, the BIAN model offers a standards-based template supported by the largest global institutions.
Learn why BIAN matters for compliance
Four BIAN Services Models
With our global BIAN services partners, we work with banks in Europe, Africa, Australia, East Asia, the USA and Canada. We have the experience and detailed knowledge to help you leverage BIAN into real business value.
Here are four examples from our real-world experience.
BIAN Service Domains as a Template for App Portfolio Management
Working with a major European bank, we mapped hundreds of their applications to a capability model based on three service domain models:
- The BIAN Model, for banking business applications such as CRM, product management, treasury. The BIAN model decomposes banking capabilities into 7 Business Areas > 36 Business Domains > 280 Service Domains.
- The IT4IT™ reference architecture, for IT management tools such as project management, dev tools, ITOM, ITSM. We are the experts in IT4IT mapping and implementation. Managing Digital is the global leader in IT4IT 3 training.
- Our own bespoke Technology Services Domain model, for pure infrastructure applications such as message brokers, servers, technology platforms, based on the BIAN metamodel structure.
BIAN Service Domain metamodel
Mapping these Service Model-to-Application relationships into a standard Enterprise Architecture tool helps the bank understand and manage duplicate and missing business and technology functions. It is easier to anticipate and manage End of Life for vendor-provided applications and technologies.
BIAN Semantic APIs as a Template for Compliant API Development
A key BIAN use case is creation of APIs that can enable flexible re-use in scenarios such as Open Banking compliance and embedded finance.
Many banks need to create reliable APIs:
- To manage pressing business needs such as Open Banking support
- To enable flexibility for opportunities like embedded finance and enhanced payments capabilities
- To comply with regulatory requirements such as DORA
- To address security concerns such out-of-date APIs and other vulnerabilities.
BIAN's Semantic APIs can be used to build new API assets that are compliant with ISO 20022 and other standards. Building a new API landscape using a coherent model like the BIAN landscape helps banks to keep control of complexity.
BIAN APIs, based on industry standards, can be reused without the need to boil the ocean in testing. There are key decisions to be made on this path. We can help you to choose wisely.
BIAN Business Object Models as a Template for New Data Products
Many banks want to understand how to turn their data assets into data products. Developing a stronger understand of these assets can lead to significant revenue growth.
Better understanding of data also enables better data governance, which supports many business and compliance objectives. Forrester Research reported in in 2022 that: "advanced insights-driven businesses (IDBs) are 8.5 times more likely than beginners to report at least 20% revenue growth."
BIAN offers a well-architected way to understand, structure and govern banking data assets. BIAN data is defined in the context of granular business services that can be exposed as APIs. This is a good basis for getting control of - and benefiting from - your data assets.
BIAN business object model
BIAN as the Template for a New Operating Model
As adoption of new information paradigms like IT4IT and BIAN takes hold, legacy operating models will begin to shift, aligning with these new ways of thinking about information based services.
Some banks are anticipating this by using the BIAN model to inform significant business changes. We are already helping a large Texas bank with this journey.
The BIAN model reflects more than a decade of research supported by the world's largest banks and technology companies. there is good reason to believe that its underlying implication about business models is a robust way forward.
Next Step on the BIAN Journey
Contact us today to discuss your needs, and whether our BIAN Services might be part of the solution.
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United Kingdom
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