<<Governance and the financial services industry's over-arching need for it was the key theme at the opening session of the Web Services/SOA on Wall Street conference in New York this week.
Sorofman painted a relatively bleak picture for companies whose enterprise leaders don't recognize that SOA introduces complex interdependencies, which can lose the business money if it isn't governed properly. "I think there will be visible SOA project failure in 2006 because of lack of governance. Governance is not optional, it's imperative," he said. Building on the theme of the need for governance, Skip Snow, Citigroup's enterprise architect, said that his company developed a targeted architecture that allows for the organization's business services to operate. Citigroup governs its SOA tactically, Snow said, in order to handle the company's generation of a billion dollars of profit approximately every eleven working days. "Governance is the mechanism by which we make and enforce decisions in our own organization," Snow said. "SOA allows for automated support and audibility of the decision-making process. "Our departments and sectors want to govern in a way that is autonomous; there is no one-size-fits-all for SOA governance. One-size-fits-all would not be a good starting place for SOA in our enterprise," he said. Citigroup's needs for its SOA are relatively typical for the financial services industry, but the size of the company -- 300,000-plus employees worldwide -- makes it important for the SOA to be custom-built, Snow said. Citigroup has the need to create a top-down and bottom-up enterprise SOA governance model to manage the lifecycle and definitions of business services, allowing for cross-domain information sharing and transactions.>> You can read about this exciting conference at: http://www.ebizq.net/hot_topics/soa/features/6771.html Gervas Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/service-orientated-architecture/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
