Banks use their connections

Published: 04 July, 2005

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Stefan Van Overtveldt, vice-president, ICT Propositions at BT

Applications can now be built from components that can be recycled and reused. Dan Barnes reports on how banks are reducing the need to design systems from scratch.

It seems that every three letter abbreviation – or TLA – heralds the next big thing (or NBT) in information communications technology (or ICT). The latest push from technology providers’ marketing departments is service-oriented architecture (SOA).