WSO2 in Banking and Finance

We have had a number of recent engagements using the WSO2 Carbon platform in the banking and finance industries, and I thought it would be useful to talk about some of them and highlight the ways in which we are working with financial institutions.

Our platform has currently been used by a number of financial institutions, in both retail and wholesale banking. For example, one financial institution uses our ESB in Asset imageManagement, several others use us for FIX support in various areas (e.g. Bond Trading, FX Trading) and meanwhile we have several retail banks that are using a variety of components from Carbon for full SOA enablement including Governance, ESB, distributed Identity Management and Data Services – for example two institutions in the mortgage and lending space.

The deployments include several in the US (both East and West Coast), Switzerland, Germany, Mexico and the Ukraine.

One of the factors here is the strong uptake of SOA in the Banking and Finance sector and the unique position WSO2 has as a leading Open Source SOA Platform provider. Another key factor is the fact we are pretty much the only ESB that comes with out-of-the-box support for FIX (with no additional cost either). But I also like to think that one of the success factors is simply success: we are very good at helping our customers succeed in their endeavors.

If you want further information, we published a nice case study this week.  Or come along to to http://wso2.com/contact/ and one of our Account Managers will help kick off the discussion.

Paul Fremantle, WSO2 CTO
Paul’s blog: http://pzf.fremantle.org/