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Kultur Dokumente
NOVEMBER 2009
INTRODUCTION:
services technologies like SOAP, WSDL and UDDI offer ingredients that help
Almost all the IT majors such as IBM, Microsoft, Oracle, BEA and
others have web services on their agenda. This is reflected in the products
and services that are being proposed and implemented. These companies are
primary specifications like SOAP, WSDL and UDDI there are specifications
which are very crucial like Web Service Reliability and Web Service Security
defined as:
The software components that use more than one of the following
ABSTRACT:
The coursework that is being discussed here is about Web Services - Current
and World Wide Web changed the services scenario but initially it was
Web Services:
Offering services through web brings the busin ess several significant
backbone is the most prominent among such advantages. Among the other
unique opportunities for the business to expand and grow at a faster pace.
challenging issue for the services provider. Since the advantages outweigh
The web and internet offer a unique medium for businesses to reach beyond
and web effect did not spawn the same kind of proliferation and growth in
whereas the broker is a place, entity or a system that helps both service
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Fig: Interaction between Service Provider (SP), Service Requester (SR) and
Current Trends:
The Introduction of extensible Markup language (XML) laid the foundation for
Future opportunities:
Web services have the potential to streamline almost any industry or business
technology. A few of the industries that are benefited by web services are
( Retail
( Manufacturing
( Telecommunications
( Education(E-Learning)
( Utilities
( Pharmaceutical
All these industries initially used different ways to satisfy the customers but
New technologies are emerging day by day in Web Services and future
banks, couriers, shipping etc so that the business processes among them
is error free and efficient. As the business grows and evolves, the need for
the services continues to grow among all the related business companies
and collaborators.
( SOAP
( WSDL
( UDDI
paradigm)
( RPC
The best part of this protocol is its ability to move XML data over the
wire and specifies a set of rules for the application on the target system
to initiate some action, upon the delivery of XML data. SOAP can be
compared with similar protocols (IIOP) for C ORBA, Java Remote Method
Protocol (JRPM) for RMI and object Remote Procedure call (ORPC) for
DCOM.
services. As the name itself coveys, WSDL is the XML description of the
service.
document provides all the necessary information about the services, their
names, service locations, parameters accepted for each of the service etc.
specification, will be able to store, mod ify, update, share and exploit key
the companies to store, share and explo it business and service information,
while UDDI specifications helps the companies to create applications that aid
markup. XML forms the fundamental concept that driving the entire web
are many XML standards which are followed by many industries and can be
Specifications.
different ways.
invocation
systems, and the client and server can be connected on local or wide area
In RPC there are two parts whi ch provide the communication infrastructure:
Stub and the Skeleton. Stub is the communication infrastructure at the Client
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Financial and Banking Industries are seen as the early adopters of new
technologies. As the new technolo gies appeared on the horizon and proved
valuable, the financial industry incorporated the same to provide value added
services to the customers. Call centres, ATMs, Internet Websites for desktop
access (online information) etc. are some of the examples tha t states the
The immediate need for the banking industry is to address the issue of
architecture using Web Services technology. The opportunity for web services
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Areas of Adoption:
Any service can be enabled as a web service. For the financial services and
banking industry, there are many areas that can be addressed by the web
Speed of Adoption:
steadily after they have adopted the new technologies in web services . The
extent of adoption of web services technology has been from a full scale
Haseman] [1].
Radical Adopters:
Lloyds TSB and Fair Isaac are important ones among the early radicals
offering services in the new market. These organizations are known to have
launched a full blown web services mode of delivering services among the
business collaborators.
finances and as part of their functio n, Lloyds TSB was conducting credit rating
exercise was slow, time-consuming and long procedure. However, after they
[www.ltsbcf.co.uk] [2].
Fig: Page for Online Internet Access to the users and Services like
Another radical has been Fair Isaac. Fair Isaac is in the business of
Fig: Page for Online Transactions and Credit Check for leading Banks.
Banking Industry:
Favourable Factors:
The financial services and Banking Industry seems to be in a state of flux and
steady.
( Business Automation
( Faster Time-to-Market
( Standards-based
( Flexibility
Business Automation:
Implementing reusable web services has been seen as a long -term benefit
Faster Time-to-Market:
Standards-based:
As the web services evolve the banking industry has to set up their
information interchange.
Flexibility:
( Security
( Performance
( Reliability
( Technology Divide
Security:
As all the XML based data and documents are text based, they are
Performance:
As the web services deal with SOAP, clients and servers need efficient
Reliability:
Many organizations and groups are addressing the reliability part of the
Conclusion:
Financial services and banking industries are among the verticals that are set
to exploit the power of web services to the fullest extent. The financial
services and banking industries are improving their ability to absorb the newer
better services to clients; they are now in a unique position to benefit by web
services. The financial and banking industry are actively considering exploiting
References:
[1].
http://www.gartner.com/it/section.jsp?type=press_releases&format=xhtml&yea
r=2005&show_archived=true
[2].
http://www.bankingtech.com/bankingtech/article.do?articleid=20000078941
http://www.w3.org/TR/2000/REC -xml-20001006.html
http://symposium.gartner.com/docs/symposium/itxpo_orlando_2002/document
ation/sym12_37h.pdf
http://www.atwebo.com/category_s~z.htm
http://etutorials.org/Mobile+devices/mobile+wireless+design/Part+Four+Beyon
d+Enterprise+Data/Chapter+18+Other+Useful+Technologies/
http://www.tml.tkk.fi/Publications/Thesis/ahokas.pdf
http://www.financeit.unsw.edu.au/docs/JoshThesis.pdf
http://ta.ba.ttu.edu/naggarwal/Projects/XML/Reports/Announcements%202001
%20Q3-report.pdf
www.ltsbcf.co.uk
http://www.esri.com/library/whitepapers/pdfs/spatial -data-standards.pdf
http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6VCY -
3VW1TFV-
4&_user=132444&_rdoc=1&_fmt=&_orig=search&_sort=d&_docanchor=&vie
w=c&_acct=C000011018&_version=1&_urlVersion=0&_userid=132444&md5=
d94e4ab8a9139eec70710383e56cd442
http://web-services.gov/
Angelini, P., G. Maresca, et al. (1996). "Systemic risk in the netting system."
Curbera, F., M. Duftler, et al. (2002). "Unraveling the Web services web: an
Computer Society.